With the US $2 trillion commodities markets in its sights, ChainTrade is looking to institutions for the lion’s share of its funding and now, following a successful public ICO, is entering talks with institutional crypto investors.
Designed to disrupt existing commodities markets, Chaintrade is the world’s first decentralized and fully accessible exchange for commodities and derivatives trading.
Designed to be trusted
“The commodities markets are made up of established exchanges that enable traders to buy and sell food and raw materials. ChainTrade is a powerful tool that not only makes commodities trading more efficient but which will democratize the markets by making them accessible to everyone,” said Vincent Jacques, CEO of ChainTrade.
“The more inclusive a market is, the more efficiently it’s able to operate. We’re deploying Blockchain technology specifically because it can shake up the commodities market by delivering greater efficiencies. This is because the ChainTrade model is built with trust at its core and so removes the need for costly middlemen.
“Our funding model places the emphasis on institutional crypto investors, including VCs and banks with an interest in Crypto such as Citibank, because many of them already take part in commodities trading and so understand the ways in which we can disrupt the current model.
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