CGCX.io to offer blockchain-based bank in Malaysia
CGCX.io is partnering with the Archipelago Group and an investment and asset management company IBH Capital to offer a blockchain-based bank that offers a dedicated division for handling cryptocurrency, blockchain, and other digital banking-related operations.
The crypto exchange platform with fiat to fiat, trading, crypto to fiat trading and insurance for tokens against cyber attacks. The insurance services will be backed by an international insurance group Archipelago, which has a strong backing for cryptocurrency to fiat operations. The platform will also offer ICO and token listing based on voting from users such as ICOs and tokens get listed when they get voted by platform users.
Institutional investors or individuals can also participate through trading over the counter using the exchange's OTC desk.
Through their services, the team will seek to bridge the gap between traditional and crypto investment worlds.