January 11, 2021 ICEX Exchange global launches its internal test, ICEX is a global digital currency trading platform, the team members of the main personnel include from the National University of Singapore computer major Guohao Huang, Yale University electronic engineering major Jacob Franco, Yale University business administration major Michael Sayler, the University of London computer major Paul Boucolon and Mbanda Jackson from Waseda University majoring in marketing. After3yearsofresearchesandtests,ICEX Exchangehasbeenequipped tocarrythetransactionsofhundredsofmillionsofpeopleonline. Itis atrust platform created by combining the advantages of both blockchain and traditional financialmanagement.
When it comes to blockchain trust platforms, nothing was more notable in 2020 than the Grayscale Bitcoin Trust (GBTC), the largest crypto digital asset trust productunderGrayscale,whichaccountedforover90%ofGrayscale’soverallasset managementscale.GrayscaleTrustbuyover300,000bitcoins in 2020,withatotal bitcoinpositionof600,000.ItwastheentryofinstitutionsrepresentedbyGrayscale in the United States that gave rise to this bull market of bitcoin, sending it from a low of $3,700 in 2020 to a high of $41,000, with Grayscale users holding GBTC making a lot of money
The participating groups of Grayscale Bitcoin Trustare mainly American institutions,whichcannotbepromotedgloballyandrequireahighbarriertoentry.
In order to solve this problem, the Intercontinental Trust Platform was born, ICEXis held by the Global Blockchain Financial Development Alliance Foundation (GBFDA Foundation).GBFDAFoundationwasestablishedin2008andtheheadquarterswas relocated to Singapore in 2019, GBFDA Foundation is mainly composed of 5 major investor holdings, including DBS Bank Singapore, ASIM Capital Singapore, Intercontinental Exchange, Softbank Group Japan and KPCB Venture Capital USA, thestrongbackgroundstrengthofGBFDAFoundationhasrichecologicalresources in theworld.
The Intercontinental Trustplatform released the first ETF fund subscriptions on January 12, 2021, with the following subscription details.
The first fund subscription amount: $20 million
The first period of fund subscription: January 20, 2021 16:00 Subscribe to TOKEN: ETF
ETFs are worth riveting US dollars, and 1 ETF is worth 1 USDT. The issuance volume is freely adjustable according to the market demand, and ETF holders can freely exchange USDT to ETF special open-end funds 1:1 at any time.
Experience period: 1 day & 7 days experience period Formal cycle: 1 month / 3 months / 6 months / 12 months Income payout cycle: daily mining profit payout
Fund subscription yield: 5%-15% monthly, dynamically adjusted according to the actual profitability of Intercontinental AI and the subscription period
Form of income distribution: ICT
Users who successfully purchase the ETF special open-end fund will get ICT mining dividends every day, with a total ICT issuance of 1 billion pieces, all of which are distributed by way of fund dividends. ICT is freely circulated in the whole network, and users can directly sell it on the exchange for cash after getting ICT dividends.
Intercontinental Trust Platform has already obtained a number of financial operation licenses, including a Singapore Digital Wholesale Bank license (DWB), a US MSB license, a Canadian MSB license, a US NFA license, and more. Accordingto market analysts, Intercontinental Trust Platform is expected to be the first dark horse in 2021 and the star of initiation leading blockchain trustservices.