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AlphaPoint adds DiamondBack stablecoin availability for crypto exchange clients

Published 8 months ago by CryptoNinjas

AlphaPoint adds DiamondBack stablecoin availability for crypto exchange clients

Crypto Ninjas via cryptoninjas.net

AlphaPoint, a global provider of asset digitization software and digital asset trading technology for licensed broker-dealers, ATS, and exchange operators, announced today that the DiamondBack stablecoin (DBK) is now available for its technology client network of over 80 exchanges in 35 countries. The DBK is one of the first insured stablecoins to be sold on any exchange and will be available for transactions on the DiamondEx payments platform later in 2019. The DBK coin, asset-backed with rare, investment grade, certified diamonds, will be available on selected exchanges at a 1:1 ratio with the 2019 US$.

The DBK coin is cryptographically registered, insured; and pending licensing under the auspices of the government of Bermuda. The diamonds are insured by Lloyd’s of London, stored with Brinks, and periodically audited by PwC. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full
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