Bitfury to Offer Blockchain Finance Solutions to Institutional Investors with Final Frontier Partnership
The Bitfury Group is a full-service blockchain tech firm. On Tuesday, November 13, 2018, it released an official statement informing the public that it had purchased a marginal stake in Final Frontier. The latter is a financial services organization that has specialized in providing financial solutions based on blockchain technology.
With this partnership, the two companies will be looking to leverage the expertise held by each firm in order to create as well as provide a broad range of organizational commercial goods and amenities.
It is expected that once complete, the goods will make it possible for established investors to not only penetrate the industry but also be able to do so in a very assertive way. Final Frontier has made a name for itself for being a leader and specialist in crypto and blockchain technology investments. The firm is currently headquartered in Switzerland.
Bitfury x Final Frontier Partnership Announcement
While announcing the partnership, Bitfury CEO, Valery Vavilov stated that the partnership between the two firms was groundbreaking in that it comprised of two firms that had experienced teams dealing with the traditional finance industry as well as the more modern blockchain platform.
Valery went on to state that as the blockchain technology became more institutionalized, they viewed this as an essential step moving forward that would be beneficial to their company mission as well as to their current ecosystem. The progression was in line with their goal of becoming a complete blockchain-based organization.
Final Frontier’s co-founder, Imraan Moola stated that their company mission had always been to assist in closing the gap between traditional finance and the corporate institutions, which would now become a reality by embracing this new technology. Imran went on to state that they were deeply honored to have partnered with an experienced blockchain tech firm like Bitfury, as they now had an innovative stakeholder and advisor to reach out to.
According to Imran, Bitfury has a good tech expertise, which if pooled with Final Frontier’s experience of the fiscal markets will make it easier for them to create products that are unique and which will easily be able to address the needs of their more-demanding clientele.
The group is one of the largest in the world and prides itself in being a complete blockchain services provider. It is a company that has turned its attention towards creating next-generation solutions that can be used by today’s institutions. The company hopes to help make the globe more transparent at all technological levels from software, security, to hardware.
They believe that this is the only way that they will be able to assist in restoring trust back to the society. The firm was founded seven years ago and has continued to be a leading provider of blockchain solutions and infrastructure.
The firm has specialized in crypto related investments and mainly operates in Switzerland. It seeks to come up with solutions that will make it possible for its investors to gain confidence and exposure to cryptocurrencies and the blockchain technology.