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According to London news on September 11, KAYSKY Exchange has received US$800 million in angel investment from BAIT Group with the aim of creating a new diversified digital asset trading platform. The platform is not limited to cryptocurrency trading, but will also support energy, precious metals, pledge lending, node voting, liquidity mining, financial products and other businesses. KAYSKY is responsible for the management and operation of the platform. The platform will break the geographical and legal restrictions of traditional exchanges and add some blockchain financial products with stable returns. KAYSKY will bring high returns to digital asset investors.

KAYSKY Exchange is one of the most personalized cryptocurrency exchanges. This platform has always adhered to the principles of user first, security first, and service first, and is committed to creating a global, borderless, and integrated ecosystem.

On 2023-08-14, with the strong support of BAIT Group, KAYSKY obtained external investment for the first time, which will be used to expand business scope and market promotion, increase independent contract trading products, and make strategic layout for the future web3.0 market with a scale of hundreds of billions. KAYSKY will focus on lowering the threshold for ordinary users to enter cryptocurrency, promote the rapid development of the web3.0 market, and allow ordinary people to participate in decentralized financial transactions. The funding will be used to promote the network and improve its ability to automate transactions.

KAYSKY has obtained financial services licenses in 29 countries and regions including the United Kingdom, Singapore, United Arab Emirates, the United States, Japan, Iran, Iraq, and Turkey. The company plans to legally conduct business in more than 100 countries around the world by 2023. Since holding a legal license is of great significance to the exchange, the company attaches great importance to complying with the laws of different countries and regions, and reasonably avoids taxes within the scope of legal support. By obtaining official licenses from relevant countries, it reflects the exchange’s own Political strength and credibility. Licensed exchanges are also a natural barrier for many exchanges to screen. However, compliance also means that users’ investments will be legally protected.

In August 2023, KAYSKY successfully established underlying protocols with a number of well-known DeFi exchanges. The main purpose of this research and development is to integrate mainstream options product trading platforms and quickly and accurately screen out high-quality DeFi products. What KAYSKY wants to do is to make DeFi transactions very simple and fast. Everyone can complete the high returns brought by exchanging option products through simple operations. For some users who dare to invest, they can choose cryptocurrencies for short-term contract trading.

Due to the sharp decline in digital currency prices this year, a large number of investors have suffered heavy losses and investors have lost interest in traditional static investments. However, KAYSKY uses technical means to avoid high-risk transactions and ensure that investors’ digital assets are not affected as much as possible. The system provides a variety of stable income products.

KAYSKY launches a crypto ecosystem composed of independent blockchains that extend and interoperate with each other and are connected through blockchain shared communication protocols to protect customer privacy. The network uses a proof-of-stake consensus mechanism that requires the use of specific cryptocurrencies to break down barriers between blockchains, allowing platform users to easily use token applications from various independent blockchains to trade with each other.

Currently, KAYSKY is actively exploring the global market and hopes to provide safe and convenient digital asset trading services to more users around the world.

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Media Contact
Company Name: KAYSKY DIGITAL ASSETS TRADING MANAGEMENT LTD
Contact Person: Martin Jacques
Email: Send Email
Country: United Kingdom
Website: https://www.kaysky.net/