Blockport, based in Amsterdam, recently introduced a tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details platform for cryptocurrencies, announced the release of its security tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details (STO) and the launch of a plan to promote to the American market.
The company claimed that since the launch of the platform in January last year, the number of paid user conversions is four to five times higher than Coinbase has.
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They believed that this number could be higher, given the fact that "a significant part" of website traffic comes from the US, which, unfortunately, because of concerns about compliance with regulatory requirements, these visitors are not allowed to register and use the platform.
Against the background of the "question" in Amsterdam, a plan of international expansion was developed. The plan includes STO, which will open the door to the American market for them.
Blockport STO is scheduled to launch on March 31 with the Blockport Securities (BPS) token. The asset will be associated with a stake in the company, so owners have the right to distribute profits on a dividend basis.
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STO will be available first to European investors, and then to accredited American investors, as reported by The Tokenist.
The company also entered into a partnership with TrueUSD, which is expected to increase the number of trading pairs supported by US dollars on the Blockport platform.
Quoting the company's statement regarding the plan: "As part of the global expansion, we are very pleased to have entered into a partnership with the $ 30 TrueUSD (TUSD) stable-coin."
Blockport platform announced the release of STO and promotion to the US crypto-market. 75 countries are already using the platform. Also, this year, Blockport plans to add another 150 countries.
Editor: Jerg Wos