Blocktrade's Strategic Acquisition and Future Expansion

Blocktrade's Exciting Acquisition

Blocktrade, a prominent digital asset platform, has been acquired by a group of experienced fintech investors from Estonia. This acquisition represents a pivotal moment, marking a new era of innovation and growth for the company.

Strategic Transformation

Under new leadership, Blocktrade aims to evolve into a modern financial hub catering to both B2B and B2C customers. This strategic pivot aligns with its commitment to providing long-term value and comprehensive financial solutions to clients and partners. The expertise and resources from the investor group will play a crucial role in enhancing Blocktrade's offerings and expanding its market reach.

Leadership Vision

Fred Kaasik, the new CEO, brings over 20 years of experience in finance and related services. He plans to implement a two-stage strategy, focusing initially on increasing trading pairs, reducing fees, and improving onboarding efficiency. The second phase will integrate traditional finance elements, including crypto payments and investing products. This approach aims to deliver tangible user value and position Blocktrade as a modern financial institution.

Seamless Transition and Future Prospects

Existing customers can expect a seamless transition, with access to current services and new features. The company is dedicated to ensuring a smooth experience for all stakeholders, fostering a brighter financial future. Blocktrade's commitment to security, regulatory compliance, and user-friendly services will continue to drive its success in the digital asset industry.

About Blocktrade

Established in 2018, Blocktrade has become a leading player in the digital asset market. The platform offers a variety of cryptocurrencies, a user-friendly interface, and multiple payment options. It stands out for its transparency and regulatory compliance, adhering to EU standards and anti-money laundering directives.

Blocktrade's acquisition marks the beginning of an exciting journey, promising significant advancements and a stronger presence in the financial ecosystem.