EQI is a financial services and technology company that is made up of internationally recognized experts that have a combined experience of 240 years. The EQI institutional investor is Longitude (Cayman) Ltd. It is a licensed investment management firm, which is part of the Longitude Group.

EQI intends to license its technology to other financial services providers. As a result, they will be able to use EQI for payments and settlements. Thus, customers will only need one banking relationship for all their fiat, crypto, and digital asset needs.

The Current Issues

Today, no financial institution offers a single ecosystem that covers fiat, crypto banking, trading, lending, clearing, and settlement. A client will need to establish separate relationships with exchanges, banks, custodians, lenders, wallets, and vault providers. This set up is complex, insecure, and expensive.

The main issue is fragmentation, where all parties focus on small interests without sharing of common information. This mindset has played in the recent financial crisis that almost destroyed the world. It has also led to some kind of tunnel vision, which has hindered the creation of a singular ecosystem that could streamline all financial services.

The Current Global Market

EQI intends to meet the needs of eight global markets in the financial world. These are:

  • The global banking industry worth US$134.1T
  • The Custody Services industry worth US$100T
  • The Crypto Market worth US$367B
  • The settlements and Clearing Market worth US$1.6B
  • The Hedge Funds market worth US$3.53T
  • The Wallet and cold storage sector worth US$21M
  • The P2P lending industry worth US$64B
  • The compliance sector worth US$270B

eqitrade

The EQI Solution

The EQI Solution is to create a financial institution, which is lean, secure, and safe. It will be an institution, which will combine the reach and speed of modern global communication with the simplicity of cash payments. This solution will come with reduced fees. The EQI Solution will be one offshore bank for all the fiat, crypto, and digital assets.

The EQI Solution will address the current limitations that exist in the fiat banking system and the blockchain. To do this, it will modernize and simplify the existing siloed design of the financial sector. The unique ability of EQI to offer a seamless fusion of the blockchain and the financial markets will give clients security, safety, low costs, and great transaction speeds.

EQITrade Services Offered

EQI wants to reinvent the banking system and bridge the gap that exists between crypto, fiat, and digital assets. Some of the services it will offer to make this possible are:

Banking

Bank accounts can be operated in GBP, USD, CAD, AUD, HKD, JPY, and SGD. Other banking services offered will be debit cards, mobile banking, deposit, and current accounts.

Crypto Exchange

They EQI creators intend to create the next level crypto and ICO platform. The launch of this platform is set for August 2018. It will be integrated with all the fiat currencies accepted by EQI.

ICO Details

  • Ticker: EQI
  • Price: 1 ETH = 2800 EQI
  • Accepting: ETH
  • Soft cap: 15,000 ETH
  • Hard cap: 72,000 ETH
  • Country: Cayman Islands
  • Restricted: USA, China
  • Date: TBA

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