Pecunio Invests in Coinseason: $3 Million Marks Major Deal For Upstart Exchange
Press Release
Vancouver, Canada August 8, 2018-Dubai-based venture capital fund, Pecunio, has added another emerging technology company to its growing portfolio of blockchain companies with its most recent investment in Canada-based digital currency exchange, Coinseason. The investment comes on the heels of Coinseason’s upcoming CSZ token sale through its ICO (Initial Coin Offering).
The deal valued at $3,000,000 in liquid assets was procured by ICO Solutions Provider, BlockRake Inc. The transaction accelerates Coinseason’s capital raise, growth, and speed-to-market as it widens its services globally. A secure exchange expanding worldwide to provide decentralized support for cryptocurrency traders exchanging Bitcoin (BTC) into their domestic currencies, Coinseason is powered by its CSZ token — a digital asset based on the Ethereum (ETH) Blockchain.
“The partnership enables Pecunio to gain important exposure to one of the fastest growing and most profitable verticals in the blockchain technology space — that of cryptocurrency exchanges, while also allowing Coinseason to leverage its relationship with an experienced team and a reputable financial brand in Pecunio. We are ecstatic to work with both firms going forward.”, said Jack J. Bensimon, CEO, BlockRake Inc.
CoinSeason has turned many heads now that one of the world’s foremost crypto funds has attached their name to the project. William Wang, CEO of CoinSeason had this to say, “CoinSeason is absolutely thrilled with this partnership, especially with current market conditions. This is an important step for CoinSeason to remain poised as the premium regulated trading platform for Canada, and to hit the world stage as the new exchange to contend with.”
The exchange boasts almost 90,000 registered users already. They have focused on the user experience and security standards which have caught the attention of such a prestigious capital firm.
“CoinSeason has the potential to be a truly next generation exchange because of its integrated multilingual interface alongside its development in security standards. Pecunio is pleased to partner with such a dedicated team,” said Reinhard Berger, CEO, Pecunio. “My special thanks go to Jared Johnson from Blockrake Inc., who single-handedly arranged the deal and partnership with this outstanding team and project.”
Time will tell how successful CoinSeason will be, but they certainly have jumped onto the world stage in a major way with this deal.
About Coinseason:
Coinseason is Canada’s fastest growing digital currency exchange platform that provides services to merchants and consumers around the world. Coinseason is the first digital currency-based exchange platform that provides dedicated support on trading USD, RMB, and CAD alongside a growing list including BTC, ETH, and LTC. Registered and legally regulated by FINTRAC (Financial Transactions and Reports Analysis Centre of Canada), Coinseason’s aggressive global growth supports its leadership position in the digital asset exchange space. www.coinseason.com
About Pecunio:
Pecunio is an asset management platform for safe and easy access for the future of financial markets through blockchain investments. As the United Arab Emirates’ (UAE) leading blockchain investment company, investors benefit from a sound business model, enabling investments into angel & venture capital (AC&VC) funds and high-end cryptocurrency funds. In addition, the investment platform focuses on settling B2B transactions with a gold-backed currency used as ‘gold-tether’.
About Blockrake Inc.
BlockRake Inc is a full-service consultancy group of seasoned industry professionals pioneering and shaping the ICO Solutions market. The firm services upcoming quality projects with full advisory, development, and growth services for the digital asset ecosystem. BlockRake facilitates the full cycle of an ICO or STO campaign for emerging Blockchain and tokenized asset projects of the future. www.blockrake.com
# # #
Social:
FB: https://www.facebook.com/PecunioFund/
TWITTER: https://twitter.com/Pecun_io/
SLACK: https://pecunio.slack.com/
TELEGRAM: https://t.me/pecuniochat
