Blackmoon, a blockchain-based fintech company, on Tuesday announced that it will be one of the first exchanges to list Telegram’s Gram token for trading.
To provide this service, the company has partnered with Gram Vault, one of the few custody providers for Gram token and regulated under the Swiss laws. The native tokens of the messaging platform will directly flow from Gram Vault to the exchange.
Per the announcement, Gram Vault’s clients are among the largest investors of Telegram Open Network (TON), which guarantees “instant and deep liquidity” for traders on Blackmoon’s exchange platform.
Commenting on the partnership, Sergey Vasin, chief operating officer at Blackmoon, said: “Blackmoon is pleased to cooperate with Gram Vault and will make every effort to timely list Grams on our platform. Thereby, our users will have access to the most anticipated cryptocurrency among the first.”
Easing the purchasing of digital assets
Founded in 2104, Blackmoon offers integrated blockchain solutions, automated trading interfaces, and investment products in both fiat and crypto to its clients. Though established as products provider, it recently entered in the crypto arena to provide digital asset trading services to its clients.
“Moreover, Blackmoon will provide users with an opportunity to buy Grams via Bank cards, which, especially in the early months, will be a truly unique offer. We believe in the great future of Telegram blockchain and are going to contribute in every way to increase liquidity for Grams,” Vasin added.
Though not publically available yet Telegram conducted the largest initial coin offering (ICO) to date, raising a record $1.7 billion from private investors. The company is before its set deadline of October 31, 2019.
Apart from Blackmoon, Japanese crypto exchange Liquid is also in line to list Gram. It in June and recently disclosed its $4.1 million Gram token escrow wallet to the public domain.
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