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CGCX.io to offer blockchain-based bank in Malaysia

David Kariuki

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.

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David Kariuki

David Kariuki likes to regard himself as a freelance tech journalist who has written and writes widely about a variety of tech issues that affect our society daily, including cryptocurrencies (see cryptomorrow.com and coinpedia.org); climate change (cleanleap.com), OpenSim and virtual reality (see hypergridbusiness.com). He is currently pursuing a MSc in Environmental Management at Open University. He does write here not to offer any investment advise but with the intention of informing audience, and articles in here are of his own opinion. Anyone willing to use any opinion here as advise to invest in crypto should obviously take own responsibility and accountability of their losses (or benefits) thereof. You can reach me at [email protected] or [email protected]

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