the Bank Frick has launched an institutional crypto-trading platform on the market. The Service from Liechtenstein offers international investors are generally regulated and secure access to the markets of the Distributed Ledger technologies.
Polina Khubbeeva
26. February 2019BTC$had 3,818,88 0.53%part Facebook Twitter LinkedIn xing mail
The subsidiary of the Liechtenstein Bank Frick relies on the development of the Distributed Ledger technology as a trading platform for institutional Investments. According to a press release from the 20. February-launched the Bank, a DLT Markets AG under the name Styxchange, in order to allow investments in the field of Blockchain technology.
Global-positioned platform for professional investors
The investment product, consequently, offers a Multi-Exchange trading of crypto-currencies. According to Roger root, CEO at DLT Markets, the financial institution “, a unique offer on the market for institutional investors in the new asset class of Digital tokens.”
The fully regulated platform to create an innovative Software, a risk minimized platform structure. As a result, the management of order data, it could be for the secure capturing of the Assets and cash flows is organized. So the trading with digital currencies will become more professional.
Liechtenstein as a crypto-pioneers
The physical investment product is able to ensure, according to his own statement, another projection on the future-oriented development of a financial ecosystem, the guarantee regulatory certainty, as well as the freedoms of the Blockchain-banking. Finally, the DLT Markets AG is a “combination of a FinTech and one of the EU regulated banking”. Edi Wögerer, CEO of Frick, promises the safe-keeping of digital Assets after the model of classic securities transactions.
The Principality of Liechtenstein promotes as the world’s sixth smallest country in the world, via banks, such as Frick, different cryptographic services, like ICO-discussions and crypto-Investments, and therefore belongs to the crypto-friendly countries in the world. In addition, the small state of charged to Start-ups for tax purposes is lower than the EU.
Read also: What is the Order Book? The tool of Bitcoin-Trader
Meanwhile, has spoken Prince Michael of Liechtenstein in November 2018, in an Interview in the framework of the “Blockchain Leadership Summit” in Basel compared to BTC-ECHO, critical of the regulatory efforts of international organizations such as the EU. In particular, the threat of a monopoly position of individual competitors as a result of lack of regulations, ready for him. Liechtenstein offer a great security for companies and a stable economic situation, environmental-friendly policies and support from the academic sector. Mainly, the block chain-friendly orientation of the financial market supervision, is attractive for companies.
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