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Cryptocurrency company Zichain attracted investments from Chinese funds

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Provider of digital asset infrastructure solutions Zichain attracted investments from the funds of the Bitblock Group and Fiat Capital. This was reported to BlockchainJournal by company representatives.

As part of a strategic partnership, Zichain intends to expand its presence in the Chinese market.

Bitblock Venture Fund specializes mainly in investments in financial start-ups, as well as in the development of artificial intelligence. Fiat Capital mainly invests in fintech startups.

Switzerland-based Zichain is currently working on a range of cryptocurrency products and analytical tools. These developments, representatives of a startup are confident, will boost investment in digital currencies.

The company also plans to launch an innovative cryptocurrency trading platform in December of this year, which, using a set of algorithms for smart order routing and advanced execution algorithms, allows you to make deals at a favorable rate regardless of the size of the transaction.

Earlier, BlockchainJournal reported that according to analysts at Morgan Stanley, institutional investors had increased confidence in the prospects for cryptocurrencies.

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