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HYBSE, GMEX and MINDEX collaborate to list the world’s first Multi-Asset Stable Token in Mauritius

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GMEX HYBSE MINDEX - HYBSE, GMEX and MINDEX collaborate to list the world’s first Multi-Asset Stable Token in Mauritius

Asset backed by ownership in the founding companies and stable assets primarily Gold

Mauritius, London 21 February 2019.  Following the recent joint venture launch in Mauritius between three visionary companies in October 2018, newly created HYBSE Marketplace Limited (HM) brings to centre stage a worlds first digital multi-asset stable token “MAST”.

With fast growing global interest in collateralised tokens leads to the advent of new regulations in Mauritius to enable digital marketplaces and digital custodians, HM is providing investors, interested in developing a portfolio of digital assets, access to primary listed and secondary tradable asset backed tokens that will support this innovative trading ecosystem grow.

The first instrument to be issued will be the MAST products, full multi-asset backed tokens which will provide investors with a diversity of managed risk, as each asset class is underpinned by an integrated framework of strategic portfolios. Initially, MAST will be composed of ownership interest in the founding companies; HM, GMEX, MINDEX, fully gold backed DIM Currencies and stable gold coins. Three different categories of the MAST packages have been designed and enable investors to adapt their portfolio according to individual risk appetite.

HYBSE Marketplace incorporates the latest technological advancements for the financial sector with three core elements; Security with GMEX market surveillance adaptors, provides access for total regulatory oversight for a secure trading environment; Decentralisation through public ledger provides transparent and secure methods of transacting digital assets across the platform; Scalability on the Catapult Engine allows for modular design and high-frequency trade volumes.

Hirander Misra, Chairman of HYBSE Marketplace, GMEX and MINDEX, says “With the GMEX Market Advancement Programme (MAP) we are keen to find ways to work with partners to bring innovative solutions to the market. Asset Tokens, which are fully backed, brought to the market on a regulated exchange and stored in a regulated digital custodian bring a level of regulation and oversight not previously available for institutional investor needs.”

“We are delighted to be launching MAST on the HYBSE Marketplace in Mauritius, as we strongly support the enabling regulatory framework which is being established in the country for digital marketplaces and digital custodians. We are convinced that this new framework will put Mauritius firmly on the global map as the natural home for innovative technologies in the digital assets space,” he added.

The official MAST ATO will commence on Thursday 21 February 2019. Secondary trading is expected to begin on the HYBSE on Q2 2019. The ATO will be available for investment by sophisticated and expert investors.

Accredited participants who are interested in obtaining a stake in this revolution, can follow the link provided; www.mast.eco.

A detailed and comprehensive breakdown of the above can be found within the MAST Blueprint, found on the MAST website.

— end—-

 

HYBSE Marketplace: Public Relations Contacts:

 

Mauritius

Samantha Seewoosurrun

(+230) 5772 4400

SA.SE@hybse.com

 

United Kingdom

Melanie Budden

+44 (0)7974 937 970

ME.BU@hybse.com

 

Digital

Uroš Trajković

+27 (0) 87 701 0914

UT@hybse.com

Disclaimer

Mauritius as a jurisdiction recognizes Digital Assets as an asset class for investment by Sophisticated and Expert investors. We strongly recommend investors to seek out independent financial and legal advice before engaging in any sought of business endeavour. Investors should fully ascertain the risks prior to committing any funds for investments.

Announcement to all investors: Regulatory Duties

It is the responsibility of investors that want to purchase or hold the tokens described in this offering to research and inform themselves on all applicable laws and regulations of any relevant jurisdiction. This includes tax consequences with respect to purchasing, holding or selling these Multi Asset Stable Tokens (MAST) Tokens. Our company is not offering any legal, financial or business advice. In case of any doubts or questions, Please contact us.

Investors must comply with all laws and regulations concerning know-your-customer, Anti-Money Laundering and Anti- Terrorism financing that may apply to them. Investors must obtain any permissions, approvals or licenses needed in order to purchase, hold or sell any MAST tokens under the laws and regulations to which they are subject or in each jurisdiction in which they may purchase, hold or sell MAST Tokens. We never sell to sanctioned countries.

 

About MINDEX

The MINDEX ecosystem comprises of:

  • MINDEX Holdings Limited – The holding company for the MINDEX ecosystem.
  • MINDEX Clearing Limited – operates as the central counterparty (CCP) clearing house regulated by the Mauritius Financial Services Commission (FSC) to clear all trades executed on MINDEX Limited.
  • MINDEX Limited – operates a multi-asset Securities and Derivatives Exchange regulated by the Mauritius Financial Services Commission (FSC).
  • MINDEX Spot Limited – The marketplace for the electronic trading of standardised physical and digital spot commodity contracts for gold, precious metals and other commodities
  • MINDEX Vault Limited – The forthcoming secured storage depository solution for gold and other precious metals.
  • MINDEX Refinery Limited – The forthcoming world class smelting, refining and recovery of gold and other precious metals to the highest standards.
  • MINDEX Realty Limited – the real estate arm of the MINDEX ecosystem responsible for construction and operation of the refinery, vault, office building and warehousing facilitating the safe storage of gold, digital assets and other commodities.

For more information, visit www.mindex.mu

Follow on Twitter @MindexHoldings

 

About GMEX Group

GMEX Group (GMEX) comprises a set of companies that offer leading-edge innovative solutions for a new era of global financial markets, providing business expertise, the latest technology, connectivity, and operational excellence delivered through an aligned partnership driven approach. GMEX uses extensive market infrastructure experience and expertise to create an appropriate strategic master plan with exchanges, clearing houses, depositories, registries, and warehouse receipt platforms. GMEX also offers the added benefit of interconnection to multiple partner exchanges, to create global networks of liquidity.  GMEX Technologies is a wholly owned subsidiary of GMEX Group.

For more information, visit www.gmex-group.com

Follow on Twitter @GMEX_Group

 

About HYBSE

The Hybrid Stock Exchange (HYBSE) is an online blockchain based exchange platform. It permits the buying and selling of cryptonized-equity in the new era of cryptocurrencies. The use of blockchain technology allows participants to cut out many of the intermediaries that are associated with traditional exchanges. While traditional exchanges serve participants from specific geographical locations, the HYBSE is open to all participants globally.

For more information, visit www.hybse.com

Follow on Twitter https://twitter.com/HYBSE

 

About the DIM Foundation

The DIM Foundation is a non-profit organization that is responsible for the marketing, public relations, customer care and oversight of the DIM brands (DIMCOIN, DIM Currencies, DIM Cryptocurrencies and future DIM denominated coins). DIM X is a cryptocurrency converting platform. The DIM Foundation is registered in Singapore.

The regional DIM Foundation will be responsible for:

  • Collecting donations for the DIM Ecosystem
  • Creating events for the DIM Ecosystem and attending blockchain events
  • Launch marketing campaigns for the DIM Foundation
  • Attract businesses into the DIM Ecosystem
  • Becoming a central meeting point for ambassadors and promoters.

 

For more information, visit www.dim.foundation

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

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Press Releases

Bitcoin Trends That Are Coming In The Future

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if btc breaks
The emergence of Bitcoin in the past few years has brought significant developments to the financial industry. Because of its distinct characteristics, Bitcoin can be used for a variety of purposes. Despite the increasing number of merchants who accept this cryptocurrency in the market, there are still many things to be done for it to become part of the mainstream financial system.However, nobody can really forecast the future of Bitcoin in the financial community. With cryptocurrency’s volatility, the price can probably go up or down very quickly. This can make price predictions more challenging than you expect. Fortunately, with a little research, you can see some price predictions from some of the famous industry experts around the world.Continue reading this article to learn some of the best Bitcoin trends that are coming in the future. Bitcoin Price To Reach $250,000 Per Token In The Coming Years – Tim DraperThe American Venture Capitalist Tim Draper foresees that the price value of Bitcoin will go up to $250,000 per BTC token in the years to come. The figures you see in the price means that the cryptocurrency will have an approximately 5% market share of the entire currency market. In other words, Bitcoin will be more accessible and available for real-world usage such as trading using Software, sending money abroad, buying stuff, and many more. Bitcoin’s Market Capitalization To Reach $15 Trillion By 2020 – John McAfeeThe founder and creator of the anti-virus McAfee software, John McAfee, predicts that the price of Bitcoin will increase by up to $1 million by 2020. If this price prediction holds true in 2020, the market capitalization of Bitcoin will become $15 trillion.For instance, the market capitalization can be determined by multiplying the total number of coins in circulation with its current market price. So, if 20 million Bitcoins are circulating in the crypto space and its current price is $20, then $100 million is the market capitalization of Bitcoin, which is also its total value. When this happens, Bitcoin will undeniably become a valuable asset that you should have. Bitcoin Price To Value At $91,000 By 2020 – Tom LeeThe analyst from the cryptocurrency research organization Fundstrat, Tom Lee, predicts that the price value of Bitcoin in 2020 will rise to $91,000. This prediction is based on a chart analysis where Lee has considered the price movements of the coin. Since the cryptocurrency’s price is heading an upward trend, the historical data provided by the chart can tell that Bitcoin will continue to bloom in the next few years. Bitcoin Price To Increase at $200,000 By 2020 – Fran StrajnarCEO of Brave New Coin, Fran Strajnar, predicts that the Bitcoin price will increase to $200,000 in the year 2020. That’s because of the increasing adoption rates that the cryptocurrency enjoys from the public. With more people who purchase and use Bitcoin, its price will also appreciate, making it a more accepted digital currency in the market. Bitcoin Developments In The Coming YearsIn addition to its price value, Bitcoin continues to enjoy some developments in the real world. Because of blockchain technology, it has gained so much popularity in areas such as trade and commerce, financial services, and investments. Below are the areas in which Bitcoin is expected to move to a better direction:
  • Bitcoin will become an excellent solution for people who are unable to use fiat currencies or those who don’t have trust in central banks, and those who are living in countries with an unstable currency or deteriorating economy.
  • Bitcoin will have the same features, similar to banking services. More Bitcoin ATMs will be available to accommodate easy and quick withdrawal process. Also, a Bitcoin card will be issued as an alternative to the regular debit cards.
  • Because of Bitcoin’s growing acceptance in the financial community, Central banks, as well as the government, will start to yield to its revolution and adoption, which is moving toward a digital currency system.
  • Bitcoin’s blockchain will continue to undergo innovations to make the cryptocurrency a widely-used asset in the world such as the strengthening of the data privacy methods to protect digital information.
 Final ThoughtsNo doubt, Bitcoin has come a long way to bring a revolutionary development in the financial world. It has emerged as a popular digital currency used as an alternative to fiat currencies. But, despite its popularity today, there are still so many things to be done to achieve its full and widespread adoption.Lastly, if you want to know whether Bitcoin can be an excellent financial investment, take a look at these Bitcoin trends to guide you in your decisions.
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Press Releases

Liechtenstein Financial Market Authority Approves State-of-the-Art Tokenized Real Estate Investment Product

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Liechtenstein Financial Market
CROWDLITOKEN AG pioneers and starts distribution of a digital bond – European retail investors benefit as wellFor the first time in Europe, the Liechtenstein Financial Market Authority (FMA) has approved the offering prospectus for a tokenised real estate investment product. CROWDLITOKEN AG is thus a pioneer for new financial innovations. The Security Token Offering (STO) is now running in European countries. By using blockchain technology, qualified and retail investors are enabled to invest in first-class real estate in Europe. Also the Swiss Financial Market Supervisory Authority (FINMA) has confirmed that no special regulatory approval is needed to market this new class of digital assets in Switzerland.The company CROWDLITOKEN AG, based in Triesen/Liechtenstein, is launching a security token that combines the advantages of direct and indirect real estate investments. CEO Domenic Kurt comments: “This represents an evolution in the world of financial products. New technologies are enabling us to launch a first-class product that not only offers new investment opportunities, but also remedies inefficiencies, cuts costs and safeguards transparency.”In concrete terms, the product is a digital representation of a subordinated bond, whereby both the bond as well as the underlying real estate is digitised via blockchain. The token – named the “CRT” – replicates the income streams and the value changes of the real estate properties. Holders of the tokens can select their properties to invest in and thereby tailor their own portfolio. They will benefit from an attractive yield of 5–7% p.a. The ability to invest small amounts in selected European real estate, the easy tradability on digital stock exchanges (in preparation) and the investment flexibility are key innovative features of this unique real estate investment product.The STO is divided into several phases. The private sale for the first 10 million tokens, which is open to all types of investors, is currently underway with a discount of 25% (equivalent to CHF 0.75 per token, 1 CRT = CHF 1.00). This is followed by the pre-public sale (20%) and public sale (10%). The minimum investment in all these phases is 100 CHF each.CROWDLITOKEN AG targets to raise 100 million tokens through the STO, the funds will be used to build up the real estate portfolio. CROWDLITOKEN’s clear goal is to bring real estate investments into the digital era by using blockchain technology and thus democratise access to the market.For more information, please visit crowdlitoken.com.About CROWDLITOKEN AGCROWDLITOKEN AG is a Liechtenstein-based start-up that provides investors with access to European core real estate via blockchain technology. This is based on real estate-linked security tokens – termed “CRTs” – i.e. a digital representation of a bond that returns a yield equating to 5–7% p.a. CRTs are fully compliant and combine the advantages of direct and indirect real estate investments.
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Globitex Exchange Leads Charge in Trading by Lowering and Removing Fees

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Globitex Exchange

As part of its new strategy to become the most widely used cryptocurrency exchange, Globitex is lowering and removing fees for certain account features. Globitex aims to make it’s products more accessible for retail and corporate customers. The EURO Wallet continues to excel as the best solution for sending and receiving EUR payments from inside of an exchange. The EURO Wallet is powered by Nexpay UAB, an EU licensed financial institution and gives users full control of their assets.

“We implement changes quickly around feedback we gather from both retail and corporate customers. We never compromise on security, we abide by every regulation to ensure customers get the most of what is possible with cryptocurrencies today.” - Uldis Teraudkalns CEO of Globitex Exchange.

Private Individuals will enjoy the removal of the monthly account maintenance fee, this allows Globitex clients to open and maintain a EURO Wallet account without cost or liability until it is actually used for transactions.

Corporate customers will enjoy the reduced net cost on larger transactions, making the service more attractive for the largest corporate clients and traders. The combination of the service offering and pricing makes Globitex the No.1 cross crypto-fiat trading and financial operations platform. Globitex aims to add the functionality of using GBX tokens to pay for EURO Wallet fees with discounts, which will substantially increase the utility of the GBX token in the upcoming weeks.

Globitex encourages all traders, investors, and corporates potentially seeking to make payments from within and outside of the crypto space to use the exchange, confident it will be their permanent solution of choice. Users seeking to bridge the traditional finance sector with their cryptocurrency assets are urged to visit Globitex to Utilize their own IBAN account within a cryptocurrency exchange.

For more information or inquiries, please contact Globitex Support (support@globitex.com).

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Tech Giants Opt for Ethereum: Why ETH is Still Behind BTC

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Tech Giants
There’s been huge news for Ethereum recently. Some of the world’s biggest tech companies and most famous technology entrepreneurs have shown their support for the blockchain platform. This is in addition to the many large companies that have already been supporting Ethereum for years.But, despite all this, Ether (ETH) is still lagging behind Bitcoin (BTC) in all the ways that matter: price, transaction volume, and market capitalization. Why is Ethereum still struggling to keep pace with Bitcoin so many years down the track?Let’s take a look at how Ethereum has been adopted in recent months, and how this is affecting the price of ETH.

Amazon Shows Support For Ethereum With a New Managed Blockchain Service

Amazon has recently made shockwaves across the blockchain industry, when they announced their managed blockchain services in an exciting press release. They say the service will allow users to set up and manage their own decentralized blockchain network with just a few clicks. This is a huge claim considering the difficulty of achieving that task from scratch.The really good news for Ethereum is that the new service will soon have support for the Ethereum network due to some of its unique properties. On their website, they declare that “Ethereum is well suited for highly distributed blockchain networks where transparency of data for all members is important”. This is a huge deal for Ethereum. 

Elon Musk Declares His Faith In Ethereum with One Word

Elon Musk has caused another stir on Twitter, this time in the blockchain world. He did it with a one-word tweet, “Ethereum”. The tweet has gained almost 10,000 retweets since then. That’s a big endorsement coming from one of the greatest tech visionaries of our time. Especially, as it comes when Ethereum has been struggling. 

Many Other Companies Are Onboard With Ethereum Too

These are just the most recent additions to the list of big names declaring their support for the Ethereum vision. The Ethereum Enterprise Alliance is a group of big businesses committed to exploring and developing the decentralized technology that Ethereum is built on. The members include some massive names, such as Intel, Microsoft, JP Morgan, Accenture, and Deloitte. JP Morgan has even used the Ethereum technology to build its own blockchain networks for moving some of its enormous sums of money quickly around the globe. 

So Why Isn’t Ethereum Number 1 Yet?

All this should be enough to propel Ethereum into the stratosphere of development and adoption. But a quick look at the price and market cap numbers shows that Ethereum is even further behind Bitcoin than it was a few years ago. Ethereum has dropped massively since its peak price of over $1,000 and has never recovered to anywhere near those levels.So what’s going on? 

The Same Old Scalability Problems

Ethereum has had one serious challenge for the last few years: scalability. Ethereum has never really managed to breach its transaction ceiling of around 26 transactions per second. That level is just not going to cut it out for a major global transaction network.Bitcoin has the same problem, but it has some exciting solutions already being used and tested. The Bitcoin Lightning Network is a “layer 2” solution that is used to scale Bitcoin transactions on top of the core Bitcoin network. Ethereum does have some potential solutions of its own. Ethereum Plasma promises to add a layer 2 solution to the Ethereum network to allow for much higher transaction volumes. However, right now, these projects are still far off proving they can take Ethereum to a global scale. 

The Growing Threat of Competitor Networks

Perhaps the biggest reason why Ethereum hasn’t soared to the top spot on the crypto charts is the growing number of serious competitors to Ethereum.Until recently, Ethereum has been the only real choice for developers in need of a global decentralized network to build their applications on. The same with ICO platforms, too. This gave Ethereum the first mover advantage and helped it grow tremendously in its early stages.These days, however, Ethereum has plenty of plausible competitors. Using the Ethereum network isn’t a necessity for developers, it’s a choice. For example, while Amazon plans to support Ethereum for their managed blockchain solutions, it already supports Hyperledger Fabric.The growth of alternative networks and protocols such as EOS, Stellar, Cardano, Tron, Neo, and many more are hurting Ethereum. What’s more, many of these networks already offer much better performance than Ethereum in certain areas. For example, EOS is a protocol designed to build decentralized applications similar to Ethereum’s. But, with a completely different take on its consensus algorithm, it allows for a much higher transaction volume and speed than Ethereum.These competitor networks are now highlighting the weaknesses of Ethereum. They are putting pressure on the Ethereum development team and adding more uncertainty to the future of the Ethereum network. 

Bitcoin is Seen Differently

Bitcoin is facing many of the same technological problems, and even more competitors for its limited use cases. However, Bitcoin has kept growing because it is seen in a different way by buyers.These days, Bitcoin is seen more as ‘digital gold’, than the future central financial platform. Bitcoin buyers know that faster and better competitor networks may arise, but Bitcoin is still the original cryptocurrency. This is why Bitcoin buyers are happy to invest heavily in the cryptocurrency, even as real-world use cases and adoption remain fairly stagnant. 

Ethereum Needs to Really Compete

Ethereum doesn’t have the same advantages as Bitcoin. If it wants to cement its place as the number one decentralized network in the world, it needs to earn it. It needs to prove its value by developing technology that works in the real world, and applications that get used.Ethereum has got the support of tech giants like Amazon and influencers like Elon Musk. But, if ETH is ever to overtake BTC, it needs to use that support and take it to the next level as soon as possible.
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