The Caspian's crypto-currency platform enters the market after a successful presale of $ 16 million
Institutional investors oriented platform for managing crypto-currency assets Caspian announced the successful completion of the prescription of the CSP token, which resulted in $ 16 million. At the same time, the platform announced that it is exiting the beta mode and running in a full-featured version.
I just published "$ 16m Caspian Pre-Sale a Big Boost to Crypto Industry" https://t.co/0LVAjckMQ2
– Caspian (@Caspian_Tech) 17 September 2018
Caspian sees its target audience as institutional investors, who need to carry out transactions and support the distribution of funds across several exchanges. The platform offers a single interface for all leading crypto-exchange exchanges, as well as tools such as real-time analytical data and profit and loss statements.
Currently, Caspian platform is connected to 24 exchanges, including Binance, Bitmex, Bitfinex, Gemini, Coinbase, Huobi and OKex.
Among the investors of Caspian are Galaxy Investment Partners, Global Advisors, Octagon Strategy, Kenetic, Techemy Capital and Bletchley Park. Also, platform representatives report that they recently entered into strategic partnerships with Blocktower and Galaxy Digital Capital Management, headed by the famous bitcoin-evangelist Mike Novogratz.
"We believe that institutional investors will give the market a crypto-currency exponential growth, and Caspian becomes a part of this process. We are happy to be their partners and expect that in the coming months there will be interesting events, "said Mike Novogratz.
A statement by Caspian says that by now 170 institutional investors have shown interest in the platform, and 15 already use it. This, according to company representatives, is the most powerful signal that financial institutions are ready to accept crypto currency.
The start of the public sale of the CSP token is scheduled for October 3.
Recall, in a recent study of the trading platform SharesPost said that most of the accredited and approximately three-quarters of retail investors are planning in the next 12 months to increase their crypto-currency savings.