Hong Kong-based fintech Two Prime designing and managing institutional-grade crypto products, just announced the launch of backthatasset.com. The new online, direct purchasing platform offering global audiences direct access to its flagship FF1 Token uses Mt Pelerin's Bridge Wallet to allow its users to transact and trade in a manner that is secure and seamless, without the need for an exchange.
“In recent months, we’ve witnessed a significant increase in investor interest for Two Prime’s FF1 token, particularly as extreme volatility in traditional markets spurs appetite for store of value assets,” says Two Prime Chief Operating Officer Alexander S. Blum. “Yet hurdles to investing in crypto remain, stifling the industry from reaching mainstream adoption status. Integrating with Bridge Wallet then comes as a natural extension of our efforts to consistently increase market access, and to provide unprecedented value and opportunity to more individuals around the world.”
Designed by Geneva based Swiss Fintech Mt Pelerin as a user-friendly bridge between fiats, cryptocurrencies and security tokens, Bridge Wallet simplifies the process of acquiring and managing digital assets in self-custody. It lets users buy cryptocurrencies via bank transfer and receive them directly on the wallet address of their choice. Users can also trade assets on Uniswap from the wallet, and also sell cryptos to get funds in 20+ fiat currencies on their bank account. Bridge Wallet is available on both Android and iOS.
Arnaud Salomon, Founder and Chief Executive Officer of Mt Pelerin said: “Cryptocurrencies and digital securities are the future of finance. This new strategic partnership is a significant milestone for both of us, in advancing our shared vision of professionalizing the sector and bringing the promise and opportunity it offers to a wider pool of investors.”
The FF1 Token represents a new asset class. In addition to availability on the Bridge Wallet application, users can also purchase the FF1 Token through Bithumb Global, a digital asset trading platform, and Regulation D Special Purpose Vehicle (SPV) private placement for accredited investors in the U.S.. Funds raised from the sale of the FF1 will be allocated to projects that have been admitted to the Two Prime Partner Program, including Grayscale, BlockFi, and Uncorrelated Capital (anchored by Bain Capital).
(Press release)
Photo by Jimmy Chan on Pexels
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