The Crypto Company (OTC: CRCW), one of the first publicly traded technology companies in the digital currencies and blockchain sector, t announced that it has launched the first phase of its planned trading operations and platforms for digital currencies.
Beginning this week, the Crypto Company’s first group of traders will actively trade the most liquid cryptocurrencies using in-house capital. The Company’s full plans call for the build-out of a full-scale trading floor with high capacity for experienced crypto traders. The company is in the process of spearheading the development of high frequency trading (HFT) and program trading software platforms specifically for the cryptocurrency markets. These future phases are under development and require complex technology due to regulatory and security concerns unique to the crypto markets.
“The launch of our trading operations and the development of their underlying technology further support The Crypto Company’s value proposition as a proxy and medium for diversified exposure to the growing asset class of cryptocurrencies and blockchain technologies,” said Mike Poutre, Chairman and Chief Executive Officer of The Crypto Company. “The successful rollout of institutional trading floors and platforms across the cryptocurrency landscape will help the industry mature and inspire responsible rules and regulations.”
“The cryptocurrency markets are gaining greater liquidity every day and we believe that The Crypto Company is uniquely positioned to develop the platforms and establish the protocols required for how traders function in the 24/7/365 world of cryptocurrencies and blockchain. We look forward to rolling out additional phases of our proprietary technologies and trading operations as they are completed. We expect that the trading operations will be a positive contributor to achieving our goal of profitability in 2018,” concluded Mr. Poutre.
Sponsored Content Release
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.