Bit2Me, developer of its own B2M token and first company, allies with the Bitfinex exchange to list its B2M utility token as of April 7 both in dollars and in the stable currency Tether (USDT).
The incorporation of B2M brings Bitfinex’s growing user base closer to the largest Spanish cryptocurrency exchange platform and allows B2M owners to access one of the most liquid exchanges globally, the company reported this Friday in a release.
With about 1.2 billion dollars (about 1.1 billion euros at current exchange rates) of daily operations and more than 60 billion a month (54 billion euros), Bitfinex is one of the most important exchanges globally by volume of transactions according to CoinMarketCap data.
The agreement allows Bit2Me to continue to expand and expand its community around the world. The alliance joins other major ones such as the Asian investment fund DFG or Huobi Ventures. On the other hand, Bitfinex will be able to increase its trading volume and generate new market opportunities.
Under this agreement, Bit2Me and Bitfinex will collaborate to develop new decentralized finance (DeFi) tools. In addition, both companies will share information to continue learning about the cryptocurrency sector and thus strengthen its growth.
This is the own token
B2M is the utility token developed by Bit2Me. It was launched last summer and managed to raise 20 million euros through the launch of its own ICO (Initial Coin Offering) (17.5 million) and a previous private sale (2.5 million). According to the firm, B2M holders (close to 80,000 users) can enjoy up to 90% bonus on Bit2Me Wallet operations, in addition to many other advantages and services in the Bit2Me suite.
“We are delighted to add Bit2Me to the tokens available to trade on our platform,” said Paolo Ardoino, CTO of Bitfinex. “We predict strong interest in the B2M token among Bitfinex’s growing customer base,” he notes.
For his part, Koh Onozawa, CEO of B2M, believes that being able to list the token on one of the most recognized exchanges globally is a sign of Bit2Me’s commitment to this industry and to the development of its own token. “We look forward to further collaboration with Bitfinex in the future to find new mutually beneficial market opportunities and to further contribute to the growth of the crypto industry worldwide,” he says.
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