We have witnessed the depression and prosperity of Bitcoin and other cryptocurrencies, which have proved their existence with fiat currencies in long term.
The companies in Asian countries pay more and more attention to ICO, Unocoin, the largest digital currency exchange from India, is one of them.SathvikVishwanath, co-founder of Unocoin was regarded as a pioneer in the industry when Unocoin was in its early stage. In that time Bitcoin just entered Indian market and Reserve Bank of India announced some adverse policy. However, the prosperity of Bitcoin in India these days proves that Sathvik is a visionary. Also, his support for Exchange Union shows his vision again.
Sathvik stated, “Exchange Union is a great project in terms of business model, core members and advisors. I believe that forward-looking companies would seek the opportunity to cooperate with Exchange Union. The development of Exchange Union will definitely have profound impact on global digital currency industry and we will keep supporting them.”
Meanwhile, Coinhako, one of the major digital currency wallets in Singapore, also held out the olive branch to Exchange Union. Yusho Liu, co-founder of Coinhako, said that he began to look for the cooperation with global high quality ICO projects from 2017 till Exchange Union attracted his attention. From his perspective, Exchange Union has credible core members and reputable advisors. After several deep discussions with James Wo, founder of Exchange Union,Yusho showed stronger confidence in this project.
As is said, good wine needs no bush. During the preparation period of Exchange Union, David Lee, co-founder and CEO of CHBTC,contacted Jamesimmediately and showed great interestsin this project. He alsostated that he woulddo his best tosupport Exchange Union.
It is published that the first batch of Exchanges in the Union will sign agreements in this December. We do believe Exchange Union willmake important contribution to bridging the gap between exchanges globally. As a“universal” digital currency, XUC will be traded on exchanges in the Union. This project will be launched on the largest ICO platform Token Market, starting from 9:00PM 7th August2017Beijing time. The use of funds would be technique development, strategic investment(acquisitions and subscriptions ofdigital currency exchanges relatedshares and tokens)，operation，marketing and launching fees.