News and Announcements
Kinesis Monetary System signs agreement with leading North American security token exchange company
- Published October 02, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Kinesis Monetary System signs MOU with Hyperion Exchange.
- Hyperion Exchange is a leading exchange company for security tokens in Northern America.
- Kinesis Monetary System are delighted to have new participants and allow more accessibility to the Kinesis Monetary System platform.
Kinesis Monetary System has signed an MOU with Hyperion Exchange.
Hyperion Exchange allows investors to efficiently trade digital tokens using blockchain technology.
The MOU will allow investors regulator confidence and complete trades at a more efficient, lower cost method than traditional stock markets.
The MOU will allow Kinesis Velocity Tokens will be listed on the Hyperion Exchange platform and Kinesis gold and silver currencies available as stable coins.
Hyperion has said that Kinesis is the ‘perfect stablecoin fit’ for their platform.
The MOU allows investors to trade from volatile cryptocurrency positions.
Kinesis Monetary Systems have sold in excess of US$50 million worth of Kinesis Velocity Tokens and are hoping this number will increase with the new agreement.
About Kinesis Monetary Systems
The vision for Kinesis is to deliver an evolutionary step beyond any monetary system available today. This is achieved by basing the Kinesis currencies 1:1 on allocated physical gold and silver. Use is incentivised by attaching a unique yield system to the Kinesis currencies and distributing back the wealth generated according to proportionate currency holdings and velocity.