Binance achieves an alliance with a Swiss startup for the launch of a physical tool that will facilitate business in the Swiss stock exchange (SIX).
Recently, one of the world’s largest cryptocurrency exchange platforms, Binance, launched a tool that will allow better network exchange performance, using Bitcoin as physical backup, in the Swiss stock exchange, SIX.
On this occasion, the exchange company achieved an alliance with the Swiss startup company Amun, which already has experience in this type of digital currency exchange markets.
Regarding this collaboration with the startup of the European country, Changpeng Zhao, who is CEO of Binance, explained the benefits that would be obtained in tokens within the traditional financial infrastructure.
“Our partnership with Amun in the launch of the BNB ETP will provide investors with a new and regulated assets class with a unique dimension to utility tokens, making them more accessible and reliable through a traditional financial infrastructure”, Zhao concluded.
The use of these tools could allow more and more investors to form alliances within the crypto-market since using physical financial products for the marketing of cryptocurrencies helps incorporating these businesses to be more accessible for more people. Investment in fiat money is also a valid option for negotiations. In this way, Binance provides this new solution in order to demolish monetary impediments in the new financial contracts.
Binance has achieved a crucial step in every company: this means, it is in full growth. This is an important step within, in addition, traditional world markets, which see in Binance a business partner with a large volume of operations, especially in countries that have been receptive to cryptocurrencies and new technologies such as Switzerland. The company offers the opportunity to pay with cryptocurrencies and facilitate the adoption of these type of assets.
Binance, one of the Companies with Greater Dynamism in the Cryptographic Community
The world of cryptocurrencies and blockchain technology is having a breakthrough in its evolution in the main markets of the world. The dynamism that this technology is generating allows more and more companies to create new projects and tools based on blockchain technology. Binance has been one of those companies that has found its technological growth level with the advance of the crypto-market.
Binance has established itself very well in the crypto-market, achieving great trust among users who decide to implement cryptocurrencies as a form of payment. This confidence has resulted in greater growth for the company as well as a greater level of projects to create through blockchain.
This advance in the volumes of initiatives has led the company to launch a platform, a few weeks ago, that would help manage the purchase and sale of future contracts for projects developed with Bitcoin, using Binance’s services as its central axis.
After that, this cryptoactive transactions and exchange company has become, according to the world ranking of exchanges with a Bitcoin-based platform, the fourth company with the highest volume of cryptocurrency operations in all the world.
By María Rodríguez