Ahead of its ICO, Tradingene, a marketplace providing tested algorithms with investors on a blockchain-based auction platform announced it has established a strategic collaboration with BCT Inc., developer of the Blockchain Terminal, a new platform for trading cryptocurrencies.
The Blockchain Terminal is being developed to provide hedge funds and other institutional investors with a one-stop shop for third-party crypto-trading tools, information, data, and content, offering a consolidated view of the crypto market that promises to bridge the gap between traditional investment and the emerging crypto space.
By incorporating Tradingene into the Blockchain Terminal, traders will have access to a broad range of third-party algorithms on a success fee basis. Tradingene was built to enable the creation and use of algorithms to trade in cryptocurrencies and other popular financial instruments, making algorithmic trading accessible, transparent and equitable.
“We are excited about the partnership with Tradingene, as it opens the opportunity for Blockchain Terminal customers to begin accessing a wider range of third-party algorithms and trading tools,” said Jeremy Weiss, BCT Inc. Asia Pacific CEO. “We look forward to users and traders being able to leverage Tradingene as a new standard for taking advantage of the profits available from trading algorithms in the crypto space.”
The blockchain protects creators’ intellectual property, ensures a transparent bidding process and allows Tradingene to fix the profit from each algorithm. It also enables users to buy trading ‘robots’ with one click. In addition, Tradingene’s intuitive portfolio management tools help investors create a portfolio that fits their risk-return preferences.
“Signing with BCT brings a host of benefits to us, not least their access to hedge funds who are natural buyers of our algorithms. The Blockchain Terminal technology is already being tested, and it is a transparent and robust platform that meets the high demands of the industry. It’s a fantastic development for us,” added Wolfe.
BCT Inc.’s public token sale began on April 1st and concluded April 30th. Tradingene launches its ICO on May 16th, 2018.