This partnership is the first step of a long-term collaboration and aims to create an ETx that tracks the performance of the most-traded coins on Jarvis exchange
Sofia, Bulgaria — January, 21st 2018. Blackmoon Financial Group, a blockchain Financial Service and Fintech firm, and Jarvis International Ltd. (Jarvis), an information technology and services company, today announced that they have formed a strategic partnership to create a set of branded Exchange Traded Indexes (ETx).
The unique relationship between Blackmoon and Jarvis will allow the companies to work very closely together to create ETx’s that track the performance of a variety assets such as “most-traded” and “most-volatile” on the Jarvis Exchange.
Blackmoon lets its users create, promote, develop and manage investment funds (see the list here), while covering all aspects of technology and infrastructure from legal compliance to corporate structuring.
This is the first step to a long-term collaboration. The next such step will be a seamless integration between the two companies, offering to list more ETx on Jarvis Exchange and providing Jarvis users the unlimited investment opportunities, which ETx represent.
Introducing Blackmoon’s Exchange Traded Indexes (ETx)
Blockchain technology may be a better alternative to raising capital from investors. However, price discovery and trading liquidity also require the inclusion of speculators. The ETx that Blackmoon issues on behalf of its partners’ brands incentivise traders and speculators to take the risk in the market, by offering them a fungible financial product to arbitrage for profit — further adding bids and offers to an STO that would otherwise not exist — effectively creating a balanced and stable price.
“We are very excited to partner with Blackmoon. It is always nice to find companies that share our belief in the collaborative genius. The ETx represent unique investment opportunities. We are happy to bring more value to our users as ETx enhance our offering, and to reveal Blackmoon value proposition to thousands of investors and traders,” said Pascal Tallarida, Founder & CEO of Jarvis
“Blackmoon and Jarvis share a very similar vision and for this reason, we are happy to have discovered such an incredible organization to partner with. We are working hard to release the Jarvis ETx’s as soon as possible to offer this innovative investment opportunity to investors around the world,” said Oleg Seydak, CEO of Blackmoon
The strategic partnership with Jarvis is one of many that Blackmoon intends to form over the coming months. Their ultimate goal will be to have an entire suite of innovative ETx’s to offer their own clients as well as those of their partners.
Blackmoon (https://blackmoon.net/) is a financial services company which is part of the Blackmoon Financial Group, a group of financial services and technology companies founded in 2014. The Blackmoon team has extensive experience in investment management, as well as developing automated investment interfaces and asset management tools.
Blackmoon aims to create and maintain the world’s best framework for tokenized investment vehicles to deliver investment opportunities in both the real world and the blockchain universe. Blackmoon Platform brings blockchain flexibility to fiat instruments and the benefits of accumulated financial wisdom to the crypto investments.
Blackmoon world firsts include being the first operational blockchain investment platform, the first company to issue a token related to an initial public offering (IPO of Xiaomi) and the first company to launch the first ETx which is linked to the performance of the most-traded coins on Binance.
Jarvis (https://www.jarvis.exchange/) delivers an interoperable and user-centric finance. Users can build a customized hub to manage their finances. Leveraging from open APIs and DLT, Jarvis technology transforms financial markets, services and products in plug-n-play extensions of users wallet. From their wallet, users manage fiat and digital assets, trade on a wide array of financial markets and products, and access thousands of partners Apps and DApps that greatly enhance Jarvis offering. The Jarvis Technology Framework includes a multi-currency Web3 wallet and a multi-assets hybrid decentralized exchange with a brokerage license. The framework connects to a network of centralized and decentralized liquidity pools and protocols that enable instant cross-chain and cross-asset class exchanges.
Disclaimer: Investment in virtual financial assets carries a high degree of risk and volatility and is not suitable for every investor; therefore, you should not risk the capital you cannot afford to lose. Please consult an independent professional financial or legal adviser to ensure the product meets your objectives before you decide to invest. Regional restrictions and suitability checks apply.