Vaultbank Adds Free Trading To A Merged Stock And Digital Assets Platform
Vaultbank has announced the addition of free stock trading to its forthcoming launch in an effort to expand its goal of converging traditional investments and digital assets.
This new feature, advanced by a strategic partnership, is in addition to existing features that will allow trading of utility and security tokens. With this merging of services on one platform, users will have a single platform solution to invest globally, trade digitally, and cash out locally. This partnership also allows Vaultbank to utilize its existing broker dealer for equities trading.
Vaultbank is a FinTech company innovating the convergence of two worlds – traditional investments and digital assets. Vaultbank utilizes blockchain technology to create, issue and trade financial instruments through a single platform.
Vaultbank Partnership For Growth
Vaultbank is in the process of obtaining its own licenses and approvals for the creation, sale, and trading of tokenized securities in addition to dozens of utility tokens.
Through this newly formed partnership, Vaultbank has built a solution for Retail and Hedge Fund investors allowing them to trade U.S. equity securities (NYSE, Nasdaq, OTC) that are priced greater than $1.00 per share. These customers will have the ability to trade on margin and access real-time market data.
Aaron Travis, COO of Vaultbank, said the addition of traditional equity securities on the company’s platform enables its customers to utilize a single platform solution for all of their investing needs. Whereas they would previously use 3-4 other platforms, the Vaultbank Platform will allow individuals from 120+ countries to fund their account with their native fiat, trade an array of digital assets, and cash out to their mobile wallet or bank account.
This development is in line with their goal of being a leader in the convergence of traditional finance with the digital asset space through the use of blockchain technology.
The Vaultbank platform is currently in beta testing. A tiered global rollout is scheduled to begin in the third quarter of 2018.