Insolar has partnered with Xangle to provide further disclosure on token data and corporate information, to enable the underlying valuation of the blockchain project. Insolar was A-rated in terms of the due diligence and disclosure provided. The partnership aims to make information about Insolar more accessible, with the company regularly informing Xangle of its major updates to increase transparency around the project.
Xangle is a leading source of business intelligence, news and analysis for blockchain companies. The due diligence firm provides accurate, comprehensive, and up to date token information as well as company information of blockchain projects so that businesses, investors and exchanges are able to make better investment or listing decisions. The data disclosure firm bases its standard practices on that of traditional financial markets, following frameworks such as that of DART(S.Korea), EDGAR(US) and international credit rating corporates (S&P Global Ratings, Moody’s, Fitch), re-interpreting their methodologies to meet the needs of the crypto market.
Insolar welcomed the chance to undergo a due diligence process with a market leader in the sphere. In doing so Insolar was able to provide more accurate information about its activities to a highly-credited disclosure platform; one entrusted by the largest Korean cryptocurrency exchange (Bithumb), in addition to others to enhance the reliability of their coin listings.
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