Blocktrade, a trailblazing platform that blends blockchain technology with gamification principles to deliver an enthralling digital asset trading experience, has announced securing a financial commitment of $10m.
The substantial investment pledge is led by ABO Digital, a Dubai-based strategic financing partner. The commitment signifies a significant boost for Blocktrade’s utility token, BTEX.
Blocktrade revolutionises the digital asset trading scene by gamifying the process, providing users with an interactive, immersive platform to buy and sell their digital assets. The platform employs advanced blockchain technology to facilitate seamless transactions while enhancing the user experience through gamification.
The fresh funds will fuel the platform’s advancement, driving the creation of innovative technologies and providing users with a richer, more immersive trading experience. The investment is also set to catalyse the platform’s growth, empowering Blocktrade to attract high-calibre game developers, broaden its user base, and establish strategic partnerships to further enrich the platform’s offerings.
Blocktrade CEO Christian Niedermueller spoke about the partnership, saying, “Our partnership with ABO represents a paradigm shift in the digital asset industry. We take great pride in being at the forefront of innovation, not only in terms of product and strategy but also from an institutional financing perspective. This collaboration marks a significant milestone in our journey.”
Expressing his enthusiasm about the investment, ABO Digital CEO Amine Nedjai said, “We are excited to support Blocktrade in their mission to redefine the gamified asset marketplace following the launch of the BTEX token. The financing commitment not only demonstrates our confidence in Blocktrade’s vision and potential but also highlights our commitment to driving innovation in the digital asset space. By partnering with Blocktrade, we aim to empower users, provide them with new opportunities, and revolutionize the way they engage with and derive value from their gamified assets.”
In addition to its pioneering role in the FinTech sector, Blocktrade has cemented its status as a leader in the digital asset industry due to its unwavering commitment to security and regulatory compliance. Since its establishment in 2018, Blocktrade operates transparently with over 5,000 class-B shareholders and adheres to EU standards.
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