Krypton Invests in Forex Development Corporation

Forex Development Corporation announced today that it has closed an investment deal with Krypton Capital.

FDC is a New York-based company that provides technology packages that equip companies to operate as prime brokers. Krypton is a venture capital firm that invests primarily in fintech and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term ventures.

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“It is no secret that intellectual capital is driving business transformation and creating real value. At Krypton, we strongly believe in FDC’s leadership and its ability to deliver company and industry-specific software solutions on a continuing basis. FDC has a proven track record in building the next general trading platform and a complete Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term solution. This is completely aligned with our investment philosophy to help accelerate delivery of the latest and unique solutions in the FX and Fintech sector,” said Ilan Tzorya, founder and CEO, Krypton.

FDC CEO Mitch Eaglstein said: “As one of the world’s most innovative venture capital firm in the space of Blockchain and Fintech, Krypton’s investment underscores the profound confidence in our software development capabilities to deliver cost-effective customized software solutions to the market and an opportunity for FDC to cross-sell its development services to Krypton’s portfolio of companies.”