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Blockchain

Cryptocurrency Platform EasyCoins Releases Snowball, a New Wealth Management Investment Product

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With its release, EasyCoins has become the first crypto exchange to offer a fixed income note product at a global scale

Singapore, Singapore–(Newsfile Corp. – September 26, 2022) – EasyCoins – the trusted, one-step cryptocurrency platform renowned for offering a diverse and advanced array of investment products, is proud to announce the release of Snowball, a new wealth management investment product designed to help investors compound their wealth.

Since its founding in 2021, EasyCoins has striven to offer its users access to the most advanced array of investment products in the industry, including cryptocurrencies, margin, futures, and spots, among others, all in an effort to help its users build and generate wealth.

Now, with the release of Snowball, its latest wealth management product, EasyCoins is doubling down on helping investors compound their wealth.

As many traditional investors may already know, Snowball, a type of an Autocallable Option, is already a very popular product in the financial world. At its core, the product is actually a fixed income note that increases in value continuously during tenor, like a rolling snowball.

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Unlike a Snowball product in traditional finance, EasyCoin’s Snowball product is distinguished by its annual rate of return. As the world’s first cryptocurrency platform to offer such a product, Snowball is backed by complex trading and hedging strategies performed by an industry-leading trading team that works closely with one of the most prominent trading desks on the globe.

“EasyCoin is proud to now offer Snowball to tens of millions of crypto users across the world,” says Harsh Shethia, the Director of EasyCoins. “We believe strongly that Snowball is a great product and one that can help us further our mission of helping our investors grow and compound their wealth.”

Shethia added, “We also believe that Snowball can be a perfect financial product for investors who either haven’t considered the cryptocurrency space yet or have shied away from it due to the notion of it being a volatile sector.” 

To learn more about Snowball, click here or Invest Directly in Snowball at https://www.easycoins.com/en/snowball.

About EasyCoins

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EasyCoins is your trusted, one-step cryptocurrency platform offering the most diverse and advanced investment products. With its seasoned industry veterans and crypto native executives with over five decades of industry experience combined, EasyCoins offers one of the industry’s best crypto exchange experiences. The platform can handle millions of transactions per second and its world-class security system provides the most secure trading environment for its users.

Contact

Harsh Shethia
Director Growth and Marketing
Email: [email protected]

Connect with EasyCoins

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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