Ethfinex and Rigoblock to Launch Decentralized Asset Management Network for Trustless Trading

Ethfinex, the cryptocurrency exchange that focuses on ERC20-compatible tokens has announced a complete integration of Rigoblock's services as part of a joint partnership. Rigoblock, the crypto asset management firm, allows any individual to easily establish Blockchain Token pools and incorporate their digital token strategies.

ETHFINEX's vision is to provide decentralized asset management and thus open up the use of Ethereum network to a wide range of users. The collaboration with Rigoblock will enable Ethfinex customers to decentralize token pools, deploy, manage, and trade them. This marks the industry-first partnership set to reinvent the traditional asset trading model.

“We are incredibly excited to be collaborating with Rigoblock to deliver a seamless asset management experience on Ethereum,”

remarked Will Harbone, Director of Operations at Ethfinex.

“With shared ethos to provide a democratized and decentralized trading environment for the community, we are certain that this collaboration will pave the road for fantastic development to take place within the realm of decentralized finance.”

The Director's sentiments give insight to the secure and transparent trading experience. As a blockchain protocol, Rigoblock enables anyone to establish and run a decentralized token pool. The protocol provides modular and abstract software that developers can use to personalize the blockchain and run their applications.

Rigoblock turns the traditional model of asset management by eliminating the different fees deducted from the funds. Its proof-of-performance algorithm rewards the protocol operators according to their performance and assets within the pools they are running. Such action provides the ultimate transparency and equality in the blockchain protocol.

Gabriele Rigo, Founder, and CEO of Rigoblock, comments by saying:

“We are excited to reveal the integration of two open protocols working seamlessly together to bring value to this space. We are confident that Ethfinex and Rigoblock collectively will pave the way always innovative applications being built, and thereby a new wave of financial revolution.”

Already, Rigoblock is providing its asset management tools on Ethfinex Trustless- Ethfinex's highly liquid off-chain order book that ensures an entire seamless trading process. The Ethfinex trustless trading experience fully decentralizes trading solutions by providing trustless, high-liquidity and anonymous trading solutions to the over 57 Ethereum-based tokens on the platform. Users require no deposits, no sign-ups or KYC requirements in a move that eliminates the common concerns associated with the existing centralized trading entities.

Overall, Ethfinex is looking to power an era of seamless digital asset trading in the hands of the user.

About Rigoblock

Rigoblock is a blockchain protocol that acts as a complete solution for the development of decentralized applications for asset management. The protocol exists to create a new generation of asset traders while also introducing a new level of asset management infrastructure. Rigoblock is a graduate venture from the Blockchain Business Solution accelerator program- a product from H-Farm and Deutsche Bank's cooperation.

About Ethfinex

Ethfinex is a crypto exchange brought to you by Bitfinex. The platform acts as an investment and information hub by allowing for trading and discussion on matters of ERC20 token models and Ethereum-based crowdsales.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Swiss Financial Regulator, FINMA, Licenses Local Bank To Carry Out The Crypto Transactions

Switzerland’s top financial regulator, Financial Market Supervisory Authority (FINMA) grants local banks, InCore, the first license to transact digital currencies. This adds to the...

Chainlink's Gas Consumption Keeping ‘Rock Solid' at 1% Despite the Jump in Feeds & Nodes

The 12th largest cryptocurrency by market cap is currently seeing gains of 3.53% while trading at $4.24, with the rest of the crypto market. It...

South Korea is Proposing A Tax on Profits From Crypto-Fiat Transactions

The South Korean Ministry of Strategy and Finance is proposing a tax on profits from crypto-fiat transactions, reported a local news outlet. The proposition was...

Chinese Developers to Use Telegram's Open-Sourced TON Blockchain To Launch Their Own Network

Chinese TON developers announce the launch of their variation of the TON blockchain after successive launches by TON Lab’s Free TON platform and...

JP Morgan Chase Set to Pay $2.5 Million in Crypto Class-Action Lawsuit for Overcharging

The largest bank in the United States, JP Morgan Chase has agreed to pay $2.5 million to settle a class-action lawsuit related to charging...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today