BITLEVEX secures $50 million from GEM Digital to revolutionize crypto trading even in a bear market

BITLEVEX secures  million from GEM Digital to revolutionize crypto trading even in a bear market

BITLEVEX, an Estonia-based investment platform building a variety of financial services, announced today that it has secured an investment facility totaling $50 million from GEM Digital Limited, a digital asset investment company. The Bahamas-based firm actively sources, constructs and invests in utility tokens listed on over 30 CEXs and DEXs worldwide.

The investment will enable BITLEVEX to scale its marketing strategies, hire qualified talent and build a diversified product portfolio (as shown in their whitepaper). These include add-on features to their existing products, launching an NFT marketplace, a wallet service, payment solutions for merchants and their own crypto debit cards.

“Thanks to our partnership with GEM, we will be able to materialize our vision, raising awareness of BITLEVEX and its products. Our scaling goals are aimed at increasing the decentralization of our platform while educating a new generation of investors,” said Mikhail Skoblov, CEO and co-founder of BITLEVEX He also stated that “in times of great uncertainty like we are experiencing right now, it is our responsibility to work harder and hire more.”

About BITLEVEX

BITLEVEX is an investment platform that currently focuses on cryptocurrency options trading. Since its inception in 2019, the platform has built a community of 50,000+ registered users and is now in the process of launching its original utility token – BLEX.

“Bear markets always refresh the industry by eliminating fraud and greed. Smart investors know how to make money in both bear and bull markets. By using BITLEVEX’s trading tools, users can extract the most value from volatility even during a bear market,” said Skoblov.

See also  Cardano Crypto Price Prediction - ADA Gives Up Gains, But Vasil Can Track Back to $0.52

The mission of BITLEVEX is to provide user-friendly onboarding to new cryptocurrency users, as well as financial education, products and services within Web3’s scope. The company already builds a diverse range of investment products that are easy to use and encourage user participation.

About Gem Digital

GEM Digital Limited is a digital asset investment company. Based in the Bahamas, the firm actively sources, structures and invests in promising utility tokens listed on over 30 centralized and decentralized exchanges globally.

GEM (Global Emerging Markets) is a $3.4 billion alternative investment firm with offices in Paris, New York and the Bahamas. GEM monitors a wide range of investment instruments in the developing market and has executed over 525 transactions in 75 countries. The degree of operational control, risk-adjusted return and liquidity profile for each investment instrument varies. GEM and its partners have access to Small-Mid Cap Management Buyouts, Private Investments in Public Equities, and select venture investments through the family of funds and investment vehicles.

Find out more on – LinkedIn – Twitter

Press contact: Victoria Loskutova, [email protected]

Grit Daily News is the premier startup news hub. It’s the best news source on Millennial and Gen Z startups – from fashion, technology, influencers, entrepreneurship and funding. Based in New York, our team is global and brings over 400 years of combined reporting experience.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *