Ideas know no borders, and a digital token marketplace has unveiled the acquisition of two blockchain technology products to mitigate crypto asset trading risks.
FREMONT, CA: Hyperion, a digital token marketplace, has launched the acquisition of two blockchain technology products developed by a blockchain consulting and solution provider. The recent launch offers comprehensive issuance and back-end liquidity of blockchain-based assets for its institutional clients. Moving towards the next stage of growth, Hyperion aims to develop an institutional-grade security token exchange supported by an external licensed ATS. Using blockchain, it focuses on the execution and trade of instruments, enhancing the offers, which the company provides to trading clients.
Hyperion has acquired Rocket and CryptoTaxes as two blockchain technology products from the blockchain consulting and solution providing company. Using established smart contracts, Rocket is an end-to-end solution to launch security tokens. CryptoTaxes, on the other hand, is a developed tax solution for cryptocurrency traders. It calculates their capital gains and losses for annual tax filings from digital asset trading. The digital asset integrates these two blockchain technology products with Hyperion's systems will be FUEL (launched by a blockchain consulting and solution providing company) token. The token will be operated as a utility-based cryptocurrency to pay for API integrations, transaction fees, and services provided in the digital asset ecosystem.
Hyperion is the first global marketplace for securities and cryptocurrencies on one platform with a bright future for trading. The company allows investors to invest in new assets and security tokens seamless using cryptocurrency. To achieve required compliance, Hyperion aims to be proficient for running a trading platform that can support the listing and trading of security tokens. It makes it easier for businesses to operate in alternative industries to build a capital that provides unbanked organizations with access to higher liquidity and a growing investor pool.