Said launch will begin with an initial capital of 40 million dollars, we learn. Both partners will rely on technological support from Galata, a company that connects CeFi platforms to digital asset protocols and markets.
This information could help draw more attention to the FTT cryptocurrency. While it is currently trading at around $33, several analysts believe it has strong growth potential, predicting for example that it crosses the threshold of 50 dollars by the end of the year.
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Alm Maye has been a trader and analyst since 2013. He is an expert in equity markets, Forex and cryptocurrencies. He is the creator of Almvest.com and Imveste.com, two sites dedicated to personal finance. He participates in the development of feature articles on specialized sites such as Actions-boursieres.fr, as well as the international network of Finixio.com.