The crypto market has been a topic of concern for investors lately, especially with the recent collapses of Signature and Silicon Valley Bank. However, amidst the turmoil, Bitcoin has managed to make an impressive 30% surge, surpassing the 28,000 hurdle. The digital asset market seems to have found a way to bounce back, and investors are taking notice. Bitcoin is currently trading at 28,412, up 4.17% since yesterday and 45% in the last six months, indicating that the market is experiencing an upward trend.
Amidst all the excitement and momentum, Gibraltar-based digital asset company, Damex.io, has announced the launch of its utility token IEO. This comes as no surprise, considering Damex’s strong track record in the digital finance space. The company has built a trusted brand name, having grown its team to 65 professionals and managing over 750 institutional clients. With over $120 million in monthly business, Damex is a force to be reckoned with in the industry.
Damex is now looking to expand its offerings further, with the development of its smart finance app. The app will be powered by the $DAMEX utility token, offering users a seamless and secure way to manage their digital assets. The company’s upcoming IEO offers investors the chance to get involved in this exciting venture, and potentially reap the benefits of Damex’s innovative approach to digital finance.
Ready For Regulation
Increasing news of digital asset regulations across the US, Asia, and Europe has been a foreboding backdrop to a series of crypto and traditional market finance collapses this past 12 months. The increasing regulatory scrutiny facing the crypto market has highlighted the need for companies to adhere to stricter guidelines or face serious legal ramifications.
Damex is one name in the crypto finance space that is well equipped to avoid such issues, as it is one of only 14 companies that hold a Gibraltar DLT license and GFSC regulation. These achievements put the company in a strong position to navigate forthcoming EU legislation on DLT assets. This also makes the Damex IEO a potentially safer option for global investors looking for secure regulatory compliance.
Smart App With a Difference
Damex is expanding its offerings with a smart finance application that will implement the $DAMEX utility token for a wide range of additional functions and perks. Crypto users in the UK and EEA will benefit from cross-border remittance, OTC desk services, a digital asset payment gateway, cold storage, and an IBAN number.
The app will also implement staking for users to access additional perks like zero exchange fees, access to VIP Premium, cash back, and early access to new features as they are released. These include a non-custodial wallet, as well as life and health insurance, loans, stock options, and NFTs.
Companies will be able to streamline their finances with digital asset-to-fiat conversion, multi-currency solutions, and cross-border payments. The app also offers a fiat digital asset wallet and a Visa debit program that caters to all types of crypto users.
The Damex IEO offers an exciting opportunity for both retail and institutional investors looking for a regulated and secure option in the crypto market. As regulators around the world increasingly take a more rigorous approach to crypto, companies like Damex, with established credentials, have a distinct advantage under the new regulatory framework.
The launch on April 19th is sure to be closely watched by those interested in the future of the crypto market. Launchpad details will soon be announced via Damex’s social media channels
Damex’s commitment to regulatory compliance and its innovative smart finance application make it a promising player in the ever-evolving world of cryptocurrency. With the upcoming IEO launch, now is the perfect time for investors to take advantage of this opportunity and join the growing community of Damex supporters. Don’t miss out on the chance to be part of the future of crypto finance with Damex.
Disclaimer: This is a commercialised article and no one from Todayq News is involved in creation of this content. Todayq News does not endorse any content or service on this page. This article should not be considered as a piece of investment advice and readers should do their research before taking any actions and take full responsibility for their decisions.