Blockchain
CoinLoan Is Excited to Report 2021 Results
Tallinn, Estonia–(Newsfile Corp. – February 25, 2022) – In line with the global crypto boom of 2021, CoinLoan has announced stellar annual results. While the sector saw its market cap soar by 187.5%, the only EU-regulated crypto company gained 9x more active users. Its exchange volumes rose by a whopping 2,409%.
The CoinLoan growth metrics for the year of 2021 set a record
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These impressive figures are the result of CoinLoan’s thriving innovation. It is now working on the Visa Debit Crypto Card, a cutting-edge method for storing, exchanging, and spending fiat and crypto. The company aims to build a secure and regulated ecosystem for the crypto community with a broad spectrum of services in one place. At the moment, it offers:
- Crypto wallet – deposits shot up by 434%
- Savings accounts in crypto – 1,718% jump in deposits
- Crypto-backed loans – 2000% boost
- Crypto exchange – 240x bigger volumes
The extent of CoinLoan’s offering underlies its success. Last year, it added eight new cryptocurrencies for clients to sell, buy, swap, use as collateral for instant loans, and deposit to earn interest. In addition, the company has announced a series of updates for its mobile app and web platform. The enhancements include better transparency, on-demand financial reporting, and new features for corporate users.
Alex Faliushin, CEO of CoinLoan, commented on the report figures: “Our strong culture and values are the results of a business built on specialization, team spirit, integrity, and accountability. Our values shape how we conduct our business, provide services to our customers, interact with each other, and support our community. We put a strong emphasis on quality and security, scanning and crash-testing our system daily to make it stronger, and partnering with white-hat hackers to keep it ironclad.”
In January 2022, CoinLoan unveiled its one-of-a-kind system for partial loan repayments. It will add more coins, introduce margin trading, enable connection to tax services, and continue enhancing its existing services. The company takes pride in its customer-centric approach and will continue to listen to its users and support them with new value-adds.
To view the CoinLoan 2021 Annual Report, please click here.
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About CoinLoan
CoinLoan, a crypto business established in 2017, is the only EU-licensed company in its segment. Users of its multifaceted digital platform can use cryptocurrencies as collateral for instant loans, gain attractive APY on interest accounts, exchange coins and tokens, and access corporate services. Insurance on digital assets and stringent security standards provide comprehensive bank-grade protection.
The company’s praiseworthy levels of user satisfaction result from its highly competitive conditions. CoinLoan offers attractive loan and APY rates, transparency, and around-the-clock human support. Users can manage a broad, ever-growing set of assets, including crypto, fiat currencies, and stablecoins.
CoinLoan’s ultramodern technology and progressive partnerships reflect its drive for innovation. It is perpetually enhancing its offerings, providing clients with new opportunities in the crypto market.
For more information, please visit us at https://coinloan.io/
Editorial contacts:
Alla Lapidus / Alice Jiga
CoinLoan
Email: [email protected]
Tel: +1 (657) 220-1706
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114853
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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