Cryptlatteral

Cryptlatteral provides margin trading infrastructure to investors and crypto-exchanges via collateralized blockchain contracts

Business Model:

Revenue: $0

Employees: 1-10

Detailed Cryptlatteral Information

Geographic Data

Cryptlatteral headquarters map

Address:

City: Berlin

State: Berlin

Zip:

Country: Germany

Financial Info

Stage:

seed

Raised Last:

$58k

Raised Total:

$58k

Metrics

0Website Global Rank

0Website Monthly Traffic

Twitter Followers

Description

Cryptlatteral’s vision is to make cryptocurrency markets more liquid by providing infrastructure to investors and cryptocurrency exchanges for margin trading via collateralized lending and borrowing contracts on the blockchain. The cryptocurrency trading industry hit an estimated market cap of $835 Billion USD in January 2018 and is expected to grow by at least 33% annually through 2023. Much of this growth will be driven by margin trading, which we estimate will eventually represent at least 75% of total trade volume on cryptocurrency exchanges. Crypto margin trading is currently in its infancy, with only 13% of existing cryptocurrency exchanges offering leverage options to traders. Not only is this a huge opportunity in terms of market space, but the current solutions use centralized and inefficient models, meaning that there is a clear opportunity to sell our solution to exchanges already offering margin trading. Cryptlatteral will provide a margin lending solution to directly add additional liquidity to cryptocurrency trading by leveraging blockchain technology and encouraging scalability through the use of custom state channels and a centralized lending engine. Only a handful of actors are attempting to tackle this market: centralized cryptocurrency exchanges, and several blockchain companies in the process of building P2P margin lending solutions for decentralized trading. Cryptlatteral is the only B2B margin lending solution currently under development. We are a team of experienced entrepreneurs and developers with backgrounds in FX, cryptocurrency exchanges, and margin trading. Collectively, we have launched 6 successful startups, developed custom margin trading solutions, and built an FX brokerage independent of MetaTrader and other existing technical solutions. We are the owners, developers, and operators of a highly rated, mobile- first cryptocurrency exchange (Hummingbird Trading) and have a network of over 70 white label exchanges to which we can immediately sell our solution.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2018 Seed Round $58.4k
Announced Date Name Price

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