Full-service blockchain technology company, The Bitfury Group announced today it has acquired a minority stake in Final Frontier, a financial services firm that specializes in the blockchain industry. As partners, both firms will leverage each other’s deep expertise to develop and offer a range of institutional grade financial products and services.
Those products and services will enable professional investors to enter and operate in a confident and responsible manner. Final Frontier is a specialist blockchain and cryptocurrency investment firm operating out of Switzerland’s Crypto Valley region.
[perfectpullquote align=”full” bordertop=”false” cite=”Valery Vavilov, CEO of Bitfury” link=”” color=”” class=”” size=””] “This is a ground-breaking partnership between a blockchain technology firm and an experienced team from traditional finance. With the blockchain space institutionalizing, we consider it an important step forward for the entire ecosystem and for our own mission to be the world’s leading full-service blockchain company.” [/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”Imraan Moola, co-founder of Final Frontier” link=”” color=”” class=”” size=””]”Our mission is to be the bridge for institutions from traditional finance to enter this innovative asset class. We are honored to have Bitfury as our strategic blockchain advisor and stakeholder. Bitfury’s technological expertise, combined with our financial markets know-how and track record, will allow us to create unique and differentiated financial products and solutions to service our sophisticated investor base.”[/perfectpullquote]
In addition to securing the Bitcoin blockchain, Bitfury also designs and produces hardware that keeps cryptocurrencies and blockchains secure, including custom semiconductor chips and mobile data centers. Bitfury is also a software provider for the some of the world’s most cutting-edge applications through its private blockchain framework, Exonum, its advanced analytics platform Crystal Blockchain, and its specialized engineering team for the open-source Lightning Network, LightningPeach.