Blockchain Exchange Alliance which was made by Bithumb one of the biggest crypto exchanges in South Korea with the aim of consolidating crypto exchange industry through strategic acquisitions will be offering equity tokens on BnkToTheFuture. However, this will only be made available to the non-US investors only. This announcement was made today.
Currently, Blockchain Exchange Alliance holds 38.7% of the company that manages and operates the Bithumb exchange.
Considered to be one of the biggest exchanges worldwide by trading volume which comprises the fiat to crypto volumes of trading, Bithumb will be having a very crucial role to play in the Blockchain Exchange Alliance. It will also comprise a number of several affiliated exchanges that offer shared liquidity, order book and several local pairs of fiat-to-crypto.
- $ 312 million in revenue back in 2017(This represents a 78x growth from the previous year).
- $248 million in operating profits (This represents an operating margin profit of 80%).
- A total of 4,300,000 subscribed users in October 2018. (This represents domestic penetration rate of 9% which is one of the highest rates of penetration worldwide).
- Being the indisputable leader in Korean Cryptocurrency markets which has steadily been recording the highest trading volume (Back in 2017, it recorded a $210 billion in trading volume).
- A bonus of 13,333 BXA tokens per share will always come with the equity tokens. However, this is subject to the lock-in period. 6.66% is the equity on offer with the minimum investment standing at $5,000 while the total investment global being $110,000,000.
BnkToTheFuture refers to a worldwide online investment platform that makes it possible for the qualifying investors to be in a position of investing in their financial innovation such as financial technology.
At BnkToTheFuture, we do use bank-grade security procedures that comprise of two-factor authentication, secure socket layers and have been registered with Monetary Authority to manage securities commercials and move funds in dedicated and secure client money accounts. We are a team of experts that invest own funds in investment opportunities which have been listed on the site since all our interested are aligned especially when it comes to financial innovation.
In case you are a qualifying investor who is in need of diversifying their portfolio and have an interest in attaining financial exposure to future financial growth, you can always come in as a new member. All you have to do is register yourself as an investor which is free and you can claim your first investment.