AlphaPoint Partners with Bancolombia to Launch Digital Asset Exchange Wenia
AlphaPoint is partnering with Bancolombia to launch their innovative exchange offering Wenia
Paramaribo, Suriname — February 20, 2019 — This month Icarus Geosystems (Icarus), an engineering and procurement company for the oil, gas, and mining industries, announced the launch of its new platform — OuroX — a digital assets and securities exchange powered by AlphaPoint technology, primarily servicing Latin America and the Caribbean. AlphaPoint is a global provider of asset digitization software and digitized asset exchange technology for licensed broker-dealers, ATS, and exchange operators. Leveraging AlphaPoint’s white-labeled exchange technology, Icarus developed OuroX to provide an infrastructure for buyers and sellers to complete transactions at a low cost and a low threshold — a critical bridge between international projects and financiers.
Maya Parbhoe, CEO of OuroX said, “Given the lack of infrastructure currently available to support seamless transactions for international projects, buyers and sellers are forced to communicate in the most traditional way possible — in person. OuroX brings a consistent currency to the Caribbean and Latin America, ensuring the entire marketplace benefits from more liquidity, less volatility, and for the first time ever — efficient transactions via blockchain technology. Icarus is a leader in procurement solutions, and OuroX elevates this status even further. We are thrilled to partner with AlphaPoint, as it is only through their technology and the professional experience of the team that this is possible.”
She continued, “with the population in Latin America and the Caribbean rapidly growing, there is an immediate need for more liquid procurement and payment solutions. OuroX plans to provide cross-border remittances, frictionless mobile and online payments, and a marketplace where suppliers and buyers can connect, with accurate shipping prices and access to urban and remote communities through a mobile app.”
“We are pleased to be working with Icarus and providing our trusted digital asset exchange technology to help power their new products and services. The launch of OuroX will greatly benefit the local economies and entrepreneurs in the Caribbean and Latin America, as well as provide access to digital assets more broadly in the region,” said Igor Telyatnikov, AlphaPoint co-founder and President.
Through its secure, scalable, and customizable distributed ledger technology, AlphaPoint enables customers to digitize assets and operate secondary digital asset markets. Its proprietary distributed ledger technology provides a highly-secured platform for customers like Icarus.
Related Press
AlphaPoint Recognized by The Financial Times as One of Americas’ Fastest Growing Companies 2024 List
AlphaPoint has been named by the Financial Times as one of Americas’ Fastest Growing Companies 2024, an award ranking companies with the strongest revenue growth between the years 2019 and 2022.
AlphaPoint Celebrates 10 Years of Pioneering Digital Asset Infrastructure
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.
AlphaPoint Partners With Coincover to Boost Customer Protections
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.