AlphaPoint, a white label exchange company based in New York, has raised another $5.6 million from investors to help scale up its exchange technology.

Currently, AlphaPoint’s software is used as the backend for 150 exchanges across 35 countries, serving over a million end users. The funding will be used to build platforms and roll out more sophisticated exchange features such as margin trading, integrated automated brokering tools, and stronger liquidity solutions.

AlphaPoint’s co-founder and CEO Igor Telyatnikov said those apps are just the tip of the iceberg:

“Stay tuned in 2020 as we will soon announce the release of a series of new liquidity, leverage, and lending products and solutions to our customers.”

Latest Funding After Two Year Gap


This new investment round comes two years after AlphaPoint drew up its spot as a digital asset marketplace in $15 million from Mike Novogratz’s Galaxy Digital Ventures in 2018. The company has raised $23.9 million in total since its launch in 2013.

Telyatnikov called capital infusion an important short-term solution to their current needs:
“This capital injection enables AlphaPoint to continue delivering on our mission to enable access to digital assets globally. We are still in the early days of adoption and utilization of blockchain technology.”

Disclaimer:


This article has only intended for information purposes. Neither the company nor the author shall liable, directly or indirectly, for any damage or loss caused or alleged to result from or in connection with the use or reliance on any content, goods or services referred to in this article.

https://newsccm.com/white-label-crypto-exchange-software-provider-alphapoint-raises-5-6-million/

On March 5th, CryptoKitties creator Dapper Labs announced the launch of Flow Playground— an interactive interface that allows developers to experiment with creating Flow blockchain applications on the business.

Developers can write and run smart contracts and explore the “new resource-oriented programming language” of Dapper Labs Cadence. The language is intended to simplify tokenized assets in programming and includes features from Swift and Rust.

Flow Playground also allows users to create non-fungible tokens, mint fungible tokens, and create a marketplace.

Flow playground developed to ease “pain of implementing smart contracts”

In a conversation with Cointelegraph Dapper Labs CTO Dieter Shirley said “a lot of the teams that are active in the [non-fungible token] space” were interested in experimenting with the platform.

Shirley added that the Flow blockchain was built with other protocols to relieve the “pain of implementing smart contracts.”

In September 2019, the Flow blockchain was launched, with Dapper Labs defining it as a “developer-friendly blockchain built to support entire ecosystems of apps, games, and the digital assets that power them.”

Dapper Labs partnerships with major entertainment corporations 


After Flow’s launch, Dapper Labs has inked many collaborations with major entertainment companies to create tradable merchandise based on blockchain.

Warner Music announced in September 2019 that their blockchain team will collaborate with Dapper Labs to build tokenized assets in their public chain.

Dapper Labs revealed on Feb. 26, 2020 that it will partner with the UFC to introduce blockchain-based assets that will support a blockchain game for mixed martial arts fans. The game will allow fans to own “tokenized representations of their favorite fighters,” which they can train and level up afterwards.

Shirley said he expects the game to create a vibrant digital ecosystem for the tokens like secondary trading markets.

Disclaimer:

This article has only intended for information purposes. Neither the company nor the author shall liable, directly or indirectly, for any damage or loss caused or alleged to result from or in connection with the use or reliance on any content, goods or services referred to in this article.

https://newsccm.com/cryptokitties-developers-dapper-labs-launch-flow-playground/