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.”
Following Bitazza’s acquisition of a digital asset broker license from Thailand’s Ministry of Finance, the company has taken its first step towards regional expansion, using AlphaPoint’s newly developed brokerage technology solution.
Tim Scheve, CEO of Janney & FINRA Board of Governors member appointed to AlphaPoint board as independent director and Jan Mayle, formerly of Bond Desk and TIPS, joins as company advisor.
Banexcoin’s digital asset exchange platform is now live and actively registering new users in Latin America.
AlphaPoint, a leading crypto exchange technology provider focused on enabling institutions to launch, scale, and operate digital asset brokerages and exchanges all over the world, today announced its founder Joe Ventura has joined the steering committee of the global security standards body CCSS, along with the appointment of experienced cybersecurity executive Scott Dinnage as AlphaPoint’s new Chief Information Security Officer.
