ZUG, Switzerland, Oct. 30, 2017 /CNW/ - trade.io, an advanced financial exchange based on blockchain technology is conducting the first ever ICO with early adopters and partners of its revolutionary platform that will stand out as the first crypto-offering to have a platform an expansive distribution network from first day of operations.
CEO Jim Preissler commented on its platform adopters, "We're fortunate to have two regulated brokers, FX Primus Europe (CY) Ltd. (FXPRIMUS) & Primus Capital Markets UK Ltd. (PCM), as early adopters of our platform. In FXPRIMUS we have an EU regulated company with hundreds of thousands of clients which could potentially utilize trade.io's technology, and in PCM, we have an FCA regulated company with a sterling reputation and world-class regulatory oversight." Preissler continued, "I feel we're in a unique position in that we have not yet launched, but are attracting interest to be first in line."
In addition, trade.io also has commitments from private companies who wish to list on its exchange. To this, Mr. Preissler noted, "As part of our investment banking offering, we provide a service where we assist start up and existing companies in raising capital, and eventually listing on our exchange. It's a unique turnkey type setup, where we handle all the 'legwork' at a fraction of the cost and effort of a traditional IPO, so the client can focus on running its business." Preissler continued, "An interesting company of note who approached us about listing on our exchange was THB Holdings. They are launching an innovative Super Sport Race Franchise called The Human Baton.
CEO & Founder of THB Holdings, Stev Stephens who has also worked on The Amazing Race & American Ninja Warrior, said of its affiliation with trade.io, "Like any private company who has a great business or concept and are in need of exposure, a corporate exercise like an ICO or IPO is paramount to getting to the next level. A listing on trade.io's exchange provides an easy, hands off way of participating, and we look forward to working with them well into the future."
Trade.io is selling 275 million TradeTokens (TIO) via an ICO, with pre-ICO starting November 7th, 2017 and ICO is tentatively scheduled on November 22nd, 2017.