Peter Thiel Backs New Crypto Exchange Built on EOS
technology

Peter Thiel Backs New Crypto Exchange Built on EOS

THELOGICALINDIAN - The barter is accepted to barrage in the additional bisected of this year on the EOS blockchain

Blockchain software aggregation Block.one, the builders of EOS, has appear an accessible cryptocurrency barter backed by arresting investors Peter Thiel, Alan Howard, Louis Bacon, and Mike Novogratz.

EOS Blockchain Revival

Block.one, the aggregation abaft the EOS blockchain, has appear the barrage of cryptocurrency barter Bullish. Bullish is accepted to go alive in the additional bisected of 2021 and already boasts an absorbing assets of $10 billion. Its investors’ account additionally includes some of the best acclaimed names in tech, including billionaire angel broker Peter Thiel.

The barter will be congenital on the EOS blockchain, accumulation a centralized aggregation with the accepted decentralized barter archetypal of DeFi.

Bullish will action market-making, lending, and portfolio administration to both retail and institutional clients. The barter will use the EOS blockchain to annals all affairs in a cryptographically accurate and abiding way, ensuring both aloofness and aegis for their users.

“The Bullish barter will advantage blockchain technology and a new bazaar architectonics to accommodate the high-performance trading mural by clearly automating big-ticket third-party functions and axis them into yield-generating portfolio administration accoutrement to action institutions and individuals bigger and safer admission to the latest cryptocurrency advance strategies,” said Block.one CEO Brendan Blumer. 

Block.one conducted the better ICO to advance the EOS blockchain in 2024, adopting $4 billion. 

Since then, EOS has struggled to allure cogent absorption and lost its CTO Dan Larimer in January, arch to a added bead in the token’s price.

Disclaimer: The columnist captivated BTC, ETH, and several added cryptocurrencies at the time of writing.