Stockholm IT Ventures AB (SITV), a Swedish technology company specialized in cryptocurrency production, announced that its subsidiary, Blocktrade Technology Ltd. (BTT), has signed a software license agreement with Valens Bank, an offshore private bank based in Germany that eases deposit of cryptocurrencies such as BTC, BCH, ETH, or LTC. The agreement reportedly stipulates that Valens bank will be using the BTT Crypto Trading Toolbox exclusively for Crypto Fund Trading.
SITV to Expand Digital Financial ServicesIt is reportedly the second time that Valens Bank, which provides banking services and multi-currency current and share dealing accounts, pre-paid credit cards, stock broking facilities, cryptocurrency wallet and other financial services worldwide, has made an agreement with Stockholm IT Ventures for the purpose of expanding SITV into digital financial services.
“It’s an exciting time to partner with Stockholm IT Ventures and Blocktrade Technology‘s innovative approach to the crypto space,” Torben Pedersen, the Director of Valens Bank said in a press release statement. “We are confident that this software will offer great value to clients and give pro-traders the market edge all are looking for. We have made a thorough due diligence of the BTT software in live trading situations and are amazed by its performance,” he was quoted saying.
Read more: https://news.bitcoin.com/swedish-tech-company-partners-with-german-bank-for-crypto-fund-trading/
