NEW YORK, January 14, 2019 /PRNewswire/ —
“On-the-fly” ETx’s aim to provide investors with direct access to Plato’s real-time strategies.
Blackmoon Financial Group, a blockchain Financial Service and Fintech firm, and Plato Technologies Inc. (Plato), a Blockchain-centric search and intelligence engine, today announced that they have formed a strategic partnership to create “on-the-fly” branded Exchange Traded Indexes (ETx).
The unique relationship between Blackmoon and Plato will allow them to work closely in order to produce the real-time ETx strategies that will be directly linked to Plato’s secure data across the blockchain space.
Solving the problem of liquidity
Knowing that one can liquidate his or her investment without an impact to price, is a key risk-metric to any and all investment decisions. An STO that supports a thriving and liquid market, immediately increases its perceived value, even if its product, bottom-line or management is not as high a quality as its competitors. The liquidity of the marketplace defines the risk for an investor and the success of the issuer. Without the ease of execution and liquidity, any STO will have limited success, if any at all.
Introducing Blackmoon’s Exchange Traded Indexes (ETx)
Blockchain technology may be a better alternative to raise capital from investors. However, price discovery and trading liquidity also require the inclusion of speculators. The ETx that Blackmoon issues on behalf of its partners’ brands incentivize traders and speculators to take the risk in the market, by offering them a fungible financial product to arbitrage for profit – further adding bids and offers to an STO that would otherwise not exist – effectively creating a balanced and stable price.
“We are really excited about what this partnership means in terms of driving institutional crypto adoption while supporting full compliance across an entire basket of proprietary crypto indexes,” said Bryan Feinberg, CEO of Plato
“Our partnership with Plato has been well received and we have already produced some momentum in going forward. We are keen in capitalizing on this energy by working together to release the Plato “on-the-fly“ ETx‘s soon and produce a global investment opportunity for investors.“ said Oleg Seydak, CEO of Blackmoon
The strategic partnership with Plato is one of many that Blackmoon intends to form over the coming months. Their ultimate goal will be to have an entire suite of innovative ETx’s to offer their own clients as well as those of their partners.