Blockchain Technology Capital, Launch Treasury Management and Market Making Services for ICOs
Treasury Management and Market Making Services will allow for ICOs to deploy strategies to generate income from money raised through fund raising as well as stabilize coin price to avoid pump and dump on exchanges.
The ICO market has grown exponentially in the last two years, however sentiment is on a decline due to the volatile nature of the crypto currency market and under performance of alt coins.
"ICOs don't have the knowledge or know how of how to manage the money they have raised in crypto to hedge any decline, nor do they understand how to work with market makers to ensure their coins are not pumped and dumped once listed on an exchange." – States Asim Khan Co-Founder and Chief Investment Officer of Blockchain Technology Capital.
Blockchain Technology Capital is now offering treasury management and market making services partnering with a team of traders with experience from top tier investment banks including Goldman Sachs, Merrill Lynch, Deutsche Bank and Nomura Securities.
"Our new treasury management and market making services have come from insights from our clients with whom we have been on the ICO journey with. It is already up and running with a few clients and the feedback has been positive, as it allows them to manage and structure income generation from the money they have raised from fund raising as well ensure price stabilization of their coin once it is listed on an exchange." – Concludes Mujassum Butt Co-Founder and Chief Operating Officer of Blockchain Technology Capital.
Director Corporate Communications