CME’s launching of bitcoin futures before year end is great news for Ankorus. Ankorus expects to be filling orders just weeks after bitcoin futures arrive. The company will be unique in the space for being able to accept cryptocurrency for the contracts.
“This is a game changer for the crypto world and the best news for the immediate future of Ankorus,” commented CEO John Cruz. “Futures must be traded through a broker-dealer. As a crypto-savvy broker-dealer, Ankorus will be uniquely positioned to meet demand from crypto-holders without their first exiting to fiat currency or dealing with banks.”
He added, “Other brokers are inexperienced with crypto. Their business until now has been in traditional finance. Our team is experienced trading in both crypto and traditional financial assets, and I myself was also a successful CME futures trader.”
Ankorus has the added crypto/blockchain experience of recently developing its own ERC-20 token, known as the ANK token, for its forthcoming Token Generation Event (TGE), beginning November 25.
CEO Cruz continued: “With the introduction of bitcoin futures, there’s no longer a need to sign at a cryptocurrency exchange, which cuts out issues like long waiting times to open an account and to withdraw your money. There’s no risk of default or hacks, or losing your password. You don’t have to worry about smart wallets.
“Coming through Ankorus, you don’t have to manage a cryptocurrency account. We can just reset your password if you lose it. We do the KYC. Your account is insured. And there’s no risk of exchange default at the CME.”
Ankorus plans to later add similar cryptocurrency products, such as bitcoin options, and futures for other cryptocurrencies, should they be introduced. And as a regulated, inspected and audited broker-dealer, Ankorus will also provide any globally exchange-traded asset to crypto holders, as well as also tokenise individual assets, where preferred by customers.
How Bitcoin Futures Will Change the Crypto World
CME bitcoin futures will bring many new benefits to the crypto world, with Ankorus uniquely positioned to directly deliver them to crypto-holders.
- The facility to participate in the CME, a highly regulated exchange.
- Risk control.
- Margin rules.
- Clearing mechanism.
- Transparency and audit trails.
The Ankorus TGE Contribution Phase
The company will begin accepting contributions on November 25. Interested parties are invited to join the whitelist now to reserve their place in the queue and potentially qualify for a 50 per cent firstcomers bonus.
The "hard cap" for the crowdsale is set at 150,000 ETH. The public allocation of ANK will be 50 million, from a total of 100 million ANK created (the maximum supply). The contributions period will close after 30 days, should the hard cap have not been met already. Contributors will be able to view their contribution in their smart wallet during the crowdfunding period.
Press release distributed by Pressat on behalf of Ankorus, on Monday 20 November, 2017. For more information subscribe and follow http://www.pressat.co.uk/