IOST x Xangle | Growing IOST Recognition With Traditional Financial Institutions

Xangle Provides Institutional Grade Reports of IOST For Prominent Global Investment Banks, Venture Funds and Investors.

IOST
IOST
4 min readJun 25, 2019

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South Korea’s enthusiasm for cryptocurrency is world-renowned. Following our hard work in the Korean market, IOST has to date, achieved great results and increasing popularity in a country where crypto penetration is one of the highest globally and continues to grow swiftly.

Today, IOST is excited to announce a partnership with Xangle. With Xangle’s strong network with traditional finance players including top-tier investment banks, venture funds and investors around the world, IOST will have the opportunity to be showcased to leading financial institutions and grow our brand presence in the traditional financial sector.

In addition, Xangle will provide reports of IOST for leading international investment firms and consulting companies. IOST will also provide a comprehensive information and data disclosure paradigm that abides by traditional financial industry norms, laying a foundation for subsequent cooperation and compliance to receive investments from traditional financial investors. IOST aims to lead the crypto industry by being one of the first blockchain projects to receive value recognition and investments from traditional “high-finance” institutions, which will be a major boost for the IOST ecosystem.

IOST Entering the Sight of Traditional Financial Investors

Xangle has reached agreements and deep cooperation with multiple well-known major international investment institutions, banks and crypto funds. Its traditional financial network spreads throughout Southeastern Asia, Japan, South Korea, Europe and other important blockchain markets.

Xangle is also regarded as the Bloomberg in the blockchain world. With a mission to become a trusted “source of truth”, Xangle provides accurate, comprehensive, and up-to-date on-chain and off-chain data about the blockchain projects so that crypto investors and exchanges are able to make better investment decisions.

It serves as a platform where mainstream financial institutions can access data, information and in-depth research of blockchain projects like IOST, and consequently make critical investment decisions based on such data.

Hae Min Park, Co-founder & COO of Xangle, is full of praise for IOST:

“IOST is among the anticipated next-generation public platforms, chosen by many Dapp developers with a large user base. In addition to the business information disclosed by IOST, Xangle will analyze the IOST mainnet and provide data such as the distribution of token owners, major token movement transactions, etc. We are truly pleased to be able to deliver greater value through this collaboration to the IOST investor community as well as large enterprise clients of Xangle who are interested in investing or adopting blockchain technology.”

Driving Greater IOST Penetration In Korea

Xangle provides information that includes both token data and company information, enabling an intrinsic evaluation of the project. It also works with leading partner exchanges such as Bithumb, Korbit, GOPAX, and CPDAX by providing them with institutional grade due diligence reports. Xangle can be expected to provide an effective channel for IOST’s compliance and expansion in Korean market, laying a solid foundation for sustainable partnerships with major exchanges and MNCs in Korea.

This partnership with Xangle is IOST’s first move taken to step into the traditional financial world. IOST is determined to deliver value to more traditional financial companies, investors and our community worldwide.

About Xangle Team

LIHAN LEE: CTO / Co-Founder

Lihan is a serial entrepreneur solving real world problems based on data technology. He founded OpenSurvey and served as a CTO which was the first and currently the largest smartphone market research startup in Korea, followed by a leading F&B startup powered by medical data. Currently, he is passionate to solve the transparency problem in the crypto industry by providing a disclosure service based on on-chain and off-chain data analysis.

HAE MIN PARK: COO / Co-Founder

Hae Min has been in international business space in several global top-tier IT security companies such as Darktrace and F5 for more than 10 years. Prior to joining CrossAngle he was the co-founder of Sentinel Protocol and raised 27M USD for the project. He holds extensive networking with forerunners of blockchain industry including crypto hedge funds, exchanges, and media.

JAMES KIM: CSO / Co-Founder

James has balanced experience in diverse scenes; Finance(HFT Algorithm Trader), Global Corporate Strategy(Samsung Electronics Mobile North America Market Strategy) / Investment & BD (NXC), and most recently MD of NXVP as a Venture Capitalist. Was engaged in crypto exchange business deals all around the world, managed a large crypto fund, reviewed numerous ICO deals with high interest in finding the intrinsic business value of blockchain.

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