This Could Replace $53 Billion Coinbase
The global cryptocurrency market is valued at close to three trillion dollars. And Swopblock is changing how this asset is traded.
Every year, billions in crypto disappears because third-party trading systems are vulnerable by design. They use intermediary elements, adding risks. A form of trading known as self-custody — this is when you’re in full control of your digital assets — eliminates these risks, but it hasn’t been an option for those seeking to trade across currencies (think Bitcoin to Ethereum, for example).
Swopblock offers the only platform that enables this type of trading, and does so with secured transactions. There’s no central exchange, no platform, and no tokens. It’s like exchanging crypto without an exchange, says Swopblock.
This company’s mobile app is in the Alpha stage. And it aims for a full launch within a year of this funding round.