Chad Olivent, Diamondback Group President, said, “The DBK coin offers a stable alternative for traders seeking relief from inherent cryptocurrency volatility. It provides a safe alternative to many devaluing fiat currencies, and the ‘DiamondBack Trust model’ provides traders with the assurances needed for a safe stablecoin. We selected AlphaPoint as the first digital asset exchange provider for the DBK coin because of their unparalleled installed base, and their support of over 100 digital assets.”
The DBK coin, asset-backed with rare, investment grade, certified diamonds, will be available on selected exchanges at a 1:1 ratio with the 2019 US$. The DBK coin is cryptographically registered, insured; and pending licensing under the auspices of the government of Bermuda. The diamonds are insured by Lloyd’s of London, stored with Brinks, and periodically audited by PwC.
Igor Telyatnikov, AlphaPoint co-founder and President, added, “AlphaPoint’s mission is to ‘make illiquid assets liquid.’ We are excited to give our client exchange operators the opportunity to offer new, interesting asset classes, such as tokens linked to diamonds.”
AlphaPoint, a leading provider of digital asset infrastructure of exchanges, brokerages, payment networks, and banking, is proud to announce its 10th anniversary. Since its founding in 2013, AlphaPoint has been at the forefront of developing institutional-grade infrastructure to power the digital asset ecosystem.
Coincover, the blockchain protection company, and AlphaPoint, a global financial technology company providing digital asset infrastructure, have partnered to provide an additional layer of protection for AlphaPoint customers.
AlphaPoint announces the launch of AlphaPoint Labs, the leading provider of expert advisory, development, and implementation services tailored to financial institutions, exchanges, asset managers, and enterprises looking to integrate digital assets and blockchain technology.
AlphaPoint teams up with Sumsub as a technology partner for effective customer onboarding, anti-fraud and international expansion.
