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CGCX.io, Archipelago Group, IBH Capital partner for blockchain investment bank

Wednesday 19 December 2018 11:35 CET | News

CGCX.io, Archipelago Group, and IBH Capital have partnered to create a blockchain-based investment bank located in Malaysia.

While CGCX.io backs the technical innovation by offering a crypto exchange platform with a service range for all end participants, Archipelago represents an international insurance group, serving the backing for crypto-fiat operations. It also assures the security of digital technology activities involved. IBH Capital, which owns IBH Investment Bank, embraces contemporary investment opportunities, dealing with the financial fraternity in a modern way.

Through the partnership, CGCX.io commits to provide blockchain-related technical guidance and support to IBH, including the development, management, and control of the dedicated blockchain-based division within the Investment Bank. This means that the company will offer support of all blockchain initiatives of IBH, refine the underlying technology at its original platform, and create a multifunctional blockchain-based wallet with security features. Thus, ensuring the financial backing for a blockchain-based investment bank. Moreover, the blockchain investment bank aims to have a dedicated division for handling crypto, the blockchain, and other digital banking-related operations.


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Keywords: CGCX.io, Archipelago Group, IBH Capital, partnership, blockchain, banks, Malaysia, wallet, security, cryptocurrency, fiat currency
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Countries: World