HONG KONG – June 25, 2018 – CoinFi, the leading market intelligence platform offering Wall Street-caliber trading tools, signals, and analysis on the cryptocurrency market, today announced its coin listing on Cobinhood, the zero-fee cryptocurrency exchange offering free spot and margin trading. The announcement comes after a successful ICO earlier this year in which CoinFi raised $15 million in a private token sale to further develop its lineup of trading and analysis tools and build out its in-house and crowdsourced crypto news ecosystem.
Already trading on the KuCoin exchange (COFI:ETH), CoinFi’s listing on Cobinhood expands its reach and availability to the trading community. The team predominantly comprises former elite Wall Street traders, technologists, data scientists, and financial analysts, and the company has plans to roll out trading signals and advanced token metrics – among other tools – later this year.
“Listing on Cobinhood was a natural fit for CoinFi. We share many of the same values, including bringing cryptocurrency tools to the masses,” said Timothy Tam, CoinFi Co-Founder and CEO and former Goldman Sachs equities trader. “Expanding the reach of our utility token will assist CoinFi in its future endeavors, including the editorial network we have planned for later this year.”
While crypto research, analysis, and news already exists in various pockets across the Internet, it’s still mostly confined to Reddit message boards and chat apps, such as Telegram, where it can be difficult to properly uncover and analyze. There is still no single canonical source that surfaces all of the relevant market intelligence a crypto trader needs to stay on top of the markets. CoinFi’s platform brings all this information together in one place, overlaid on top of real-time price charts.
Cobinhood launched its decentralized exchange platform, called DEXON, earlier this month. The company has significant backing from IDG Capital, which handles more than $20 billion in assets. DEXON is positioned as the fastest blockchain available on the market, aimed at guiding mass adoption within the banking industry and real-world application requirements.
“DEXON is built with vision to bridge the DApps era.” said Popo Chen, Cobinhood CEO. “Only by solving all the major problems in existing blockchain systems, can the mass-adopted DApps ecosystem be made possible.”
CoinFi (KuCoin: COFI) is the world’s first decentralized crypto market intelligence platform, bringing Wall Street-caliber financial intelligence to the cryptocurrency markets. Founded in 2017 by technologists and former Wall Street analysts, equities traders, and hedge fund managers, the company is based in Hong Kong an recently completed a $15 million private token sale to further expand its technology and trading tools. CoinFi offers crowdsourced and professionally curated research, analysis, trading signals, trading algorithms, and market-moving news to give traders the real-time market intelligence needed to gain an edge. With a community of over 100,000 cryptocurrency traders, CoinFi is poised to become the leading provider of market intelligence for the cryptocurrency markets. For more information, visit: https://www.coinfi.com/
Launched in 2017, COBINHOOD is a next-generation cryptocurrency service platform. COBINHOOD is home to the world’s first zero-fee, high-frequency cryptocurrency trading platform. The company was founded by Popo Chen, the original founder of ’17 Media’, with the intention of shaping future economies by creating a financial center for the blockchain era. COBINHOOD believes the evolution of blockchain technology and a decentralized financial landscape will transform global capital markets and business organizations with long lasting impact.