Ilumony Has Launched A Cryptocurrency Investment Platform To Be Presented In NZ

Ilumony Has Launched A Cryptocurrency Investment Platform To Be Presented In NZ

Cryptocurrency
March 21, 2018 by Bitzamp
88
Ilumony Has Launched A Cryptocurrency Investment Platform To Be Presented In NZ New Zealand financial services company Ilumony has launched a Cryptocurrency portfolio investment platform that is designed for Cryptocurrency investment accessible to all. According to Invsta, Ilumony participates in the Lightning Accelerator Lab for Fintech, sponsored by Kiwibank. It is also in pre-beta testing
Bitzamp

Ilumony Has Launched A Cryptocurrency Investment Platform To Be Presented In NZ
New Zealand financial services company Ilumony has launched a Cryptocurrency portfolio investment platform that is designed for Cryptocurrency investment accessible to all.

According to Invsta, Ilumony participates in the Lightning Accelerator Lab for Fintech, sponsored by Kiwibank. It is also in pre-beta testing and will be available to the general public later this year. During this time, anyone interested can join a waiting list.

Ilumony assumes that its cloud-based investment platform offers a series of crypto-traded wallets to help the public and invest confidently in a wide range of cryptocurrencies and strategies.
“Through the Invsta platform, customers can obtain an account and access a range of cryptocurrency portfolios and strategies, including two portfolios based on high frequency algorithms (HFT), with more in the pipeline.”

Ilumony cofounder and CTO Abhy Singla said: “HFTs trade throughout the day across multiple different crypto currencies based on a large number or pre-defined parameters.
“Basically, they allow people to trade crypto without them actually having to do the trading themselves.”

Cofounder and CEO Rachel Strevens said Ilumony had been getting a lot of interest and questions from its traditional investment customers about crypto currencies, wanting to know if it could help them invest.

“Globally, we discovered there’s huge interest to invest in crypto currencies, but the majority of people just don’t know how to buy into the market, who to listen to, and what to trust,” she said.

“Although there’s been a lot of hype and speculation around crypto currencies recently, we see this as an emerging asset class that will mature and become more important in coming years.


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