AllianceBlock Announces Listing Of ALBT on Liquid, Opening A New Gateway To The DeFi Sector
The listing follows a string of strategic steps taken by AllianceBlock aimed at making DeFi accessible for regulated financial entities
Netherlands — 13 November 2020 — AllianceBlock, the world’s first globally compliant decentralized capital market, has today announced the listing of the ALBT token on Liquid, the world’s most comprehensive and secure trading platform.
The AllianceBlock token (ALBT) is a multi-functional utility token that forms the backbone of the AllianceBlock Protocol and acts as the main medium of exchange within the AllianceBlock ecosystem. In addition to its use as a payment method for network fees, ALBT incentivizes inclusion, participation, and growth within the AllianceBlock ecosystem by acting as a reward system for those that contribute value, helping to maintain the network by running a node, or delegating tokens (and voting power) to pre-existing nodes.
Rachid Ajaja, CEO and Founder of AllianceBlock, said, “Today’s listing marks a milestone moment for AllianceBlock with our first CEX listing on global cryptocurrency platform Liquid. We conducted extensive due diligence before choosing Liquid as the right fit for us. Their vision to bridge the worlds of fiat and crypto is closely aligned with our own goal of merging traditional finance and DeFi, by building the world’s first globally compliant decentralised capital market.”
Seth Melamed, COO of Liquid, said. “Liquid is pleased to be partnering with AllianceBlock and to support their efforts to expand DeFi use cases. At Liquid, we believe blockchain innovation is a once in a generation opportunity to democratize finance.”
Regulated in Japan, Liquid is the world’s largest crypto-fiat platform by transaction volume. Founded in 2014, Liquid provides trading, exchange, and next generation financial services powered by blockchain technology. Liquid combines a strong network of local partners with extensive team experience in banking and financial products to deliver best in class financial services for its customers.
Ajaja concluded, “Today’s announcement will spur momentum and growth of our community as we work diligently to bring new opportunities to all finance professionals — whether crypto or institutional — through a trusted decentralized financial ecosystem. At AllianceBlock, our priority lies in ensuring that access to decentralized markets is trusted and secure, adhering to the highest industry standards.”
Find out more about ALBT and the AllianceBlock token economy here.
Liquid is a leading global fintech company founded in 2014, with offices in Japan, Singapore and Vietnam. Liquid was the first exchange licensed by the Japan Financial Services Agency in 2017, and in 2019 the exchange’s yearly trading volume exceeded 60bn USD. The company is continuing its focused expansion into 2020 with the development and launch of a series of new exchange features to serve its growing customer base.
AllianceBlock is building the first globally compliant decentralized capital market. The AllianceBlock Protocol is a decentralised, blockchain-agnostic layer 2 that automates the process of converting any digital or crypto asset into a bankable product.
Incubated by three of Europe’s most prestigious incubators: Station F, L39, and Kickstart Innovation in Zurich, and led by a heavily experienced team of ex-JP Morgan, Barclays, BNP Paribas, Goldman Sachs investment bankers, and quants, AllianceBlock is on the path to disrupt the $100 trillion securities market with its state-of-the-art and globally compliant decentralized capital market.
Visit our Website: www.allianceblock.io
Join our Telegram: https://t.me/allianceblock
Join our Discord: https://discord.gg/hF7AGgt
Download our White Paper
Download our Green Paper
Download our Token Economics Paper