Coinify to Broker Funds Raised in Blockshipping’s ICO

New Corporate Brokerage Service Announces the First Partnership

In light of the recently launched ​brokerage service for corporate clients​, Coinify is pleased to present the first collaboration. In thispartnership, Coinify is assisting the Global Shared Container Platform (GSCP) company,
Blockshipping, via the conversion of bitcoin (BTC) and ether (ETH) funds raised in the company’s Initial Coin Offering (ICO).

The synergy between the virtual currency trading platform and the blockchain shipping container company benefits both parties: Blockshipping, with access to professional services for safe conversion of crypto assets to fiat; and Coinify, with the opportunity to demonstrate the first corporate case. Furthermore, this sets another example for cross-industry collaboration within the blockchain space.

“Being the first Nordic shipping ICO, we wanted to work with an established partner for our fund transactions.” says Peter Ludvigsen, CEO and Co-Founder of Blockshipping. “Our decision to work with Coinify is marked both by their presence as a globally-strong virtual currency broker, as well as being a fellow ally in championing the blockchain industry.” Ludvigsen added.

Blockshipping aims to transform the global container shipping industry through the world’s first blockchain freight container registry. The fundraising strategy for the Blockshipping GSCP ICO involves the sale of Container Crypto Coin (CCC) tokens issued on the global Ethereum blockchain, as well as acceptance of payments in ETH, BTC, USD and EUR. After the now concluded pre-sale period, the ICO commenced on May 14 with a target of $24.8 million, and will run up till June 14.

“The expansion of our core business and the announcement of our first client send a strong signal that we are ready to cater to the big corporate and investment communities with our professional and flexible brokerage services,” said Coinify’s Chief Executive Officer and Co-Founder, Mark Højgaard. “We carefully evaluate the clients we decide to serve, and with
Blockshipping, we can express confidence in their thorough efforts to meet the necessary regulatory and compliance standards,” Højgaard added.