Stronghold Crypto Exchange Receives More Than $3 Million Of Investments
The representatives of the Stronghold crypto exchange expressed gratitude to Freestyle Capital, which invested $3.3 million in the platform.
Stronghold considers itself "the first Silicon Valley fintech startup using distributed ledger technology". The platform was launched on the Stellar network, which allows for instant transactions.
The number of Stronghold clients exceeds 20 thousand. Investments will expand the user base, attract retail traders and over-the-counter customers. In the future, additional functions and updates will be integrated into the platform.
Currently, the Stronghold trading platform includes bitcoin, ether, and Stellar, but new cryptocurrencies will be added soon. Stronghold aims to become not just a trading platform, but a multifunctional payment company that conducts money transactions worldwide.
As previously reported, the office of the Coinbase crypto exchange will open in Portland, Oregon.