The Everex cryptocurrency (EVX) began to cost 2.5 times more, another cryptoexchange will appear in Germany. Pantera Capital managed to raise $ 160 million.
In just 24 hours, it took Everex (EVX) cryptocurrency to increase its capitalization by 2.5 times. This happened after receiving permission to conduct transactions from the US regulator. At the same time, the daily turnover of the token increased by 8200% and amounted to $ 144 million.
It is expected that now it can be used for domestic and international settlements between citizens. Obtaining permission from regulators is a landmark event for this token. Using a mobile wallet, each user can transfer money or convert currency within a few minutes. The company already has offices in Singapore, Thailand and the UK. Now it can be active in the United States.
How to make money on venture investing in cryptocurrencies
In the summer of 2019, the cryptocurrency trading platform will start operating on the second largest stock exchange in Germany, Börse Stuttgart. Here, users will receive a full range of all necessary services, from storage to exchange. The Stuttgart Stock Exchange is expected to admit both wholesale and retail customers to trading.
The project is being implemented jointly with the publishing house Axel Springer. This company together with its subsidiary Finanzen.net will receive 30% of the shares each, the exchange platform - 40%. Now the site has submitted an application for obtaining permission from the German regulatory authorities.
As part of the next stage of financing, the American company raised an additional $ 160. In total, 35 organizations have become investors of the project, each of which has invested an average of $ 3.5 million each.
The Pantera Capital fund allocates funds to blockchain venture capital projects. This is the third stage of raising capital. According to the management of Pantera Capital, now is an interesting time to buy cryptocurrency projects. Despite the unstable position of quotations, there are always solutions on the market with high yield potential.