Lykkes' Open Initiative to Fund Global Supply Chain Solutions endorsed by CfC St. Moritz

ZUG, Switzerland - June 9, 2020 - PRLog -- Lykke Corp, the Swiss fintech company and builder of marketplaces for digital financial assets, today announced the endorsement by the CfC St. Moritz for Lykke's Open Initiative, a project dedicated to using digital technology to transform the global financial system in a post-COVID-19 economy.

The CfC St. Moritz, a renowned investors-only conference on crypto finance and blockchain, convenes private UHNW and institutional investors, family offices and funds, and showcases leading experts in the fintech industry.

"It is an honor to have the CfC St. Moritz endorsing The Open Initiative," said Lykke CEO and Founder Richard Olsen. "The CfC St. Moritz's team brings together every January the movers, shakers and decision makers of the crypto world, with investors who control significant wealth in St. Moritz. The level of open discourse and collegiality puts the annual event in a league of its own."

Olsen and J. Christopher ("Chris") Giancarlo, the former Chairman of the U.S. Commodity Futures Trading Commission (CFTC) who acts as Strategic Advisor for The Open Initiative, first met this January at the CfC St. Moritz. The Open Initiative was born from their shared belief in the potential for digital technology to change the world.

"The CfC St. Moritz empowers bold thinking and cultivates an environment where visionary ideas like The Open Initiative can take root," said Giancarlo. "We are pleased to have the CFC St. Moritz endorsement as it will amplify this call to action."

"The aim of the CfC St. Moritz  is to bring the brightest minds together to create something truly transformative and change the world of finance as we know it, hence why we have chosen to support The Open Initiative (https://www.forbes.com/sites/jasonbrett/2020/05/19/new-op...)," said Nicolo Stöhr, CEO of the CfC St. Moritz.

The Open Initiative allows governments and investors to support the emergent digital transformation and benefit from tailor-made fintech solutions in four fields of action:

• Digital Vouchers Platform
• Supply Chain Platform
• Real-Time Economic Information System for economic predictions
• Research Initiatives

About Lykke
Lykke is a fintech company that has been on the market since 2015 gaining its reputation as a transparent Blockchain business committed to regulation compliance. It is one of the founding members of the OpenVASP initiative (https://www.openvasp.org/), and its purpose is to bring sophisticated financial services (https://info.lykke.com/) within the reach of the man on the street by leveraging blockchain technology and the expertise of its Financial Engineering Team.