on Advanced Blockchain AG (isin : DE000A0M93V6)
Panoptic Launches Platform to Transform Decentralized Options Trading
Advanced Blockchain AG has announced the launch of a decentralized trading platform by its portfolio company, Panoptic. The platform operates on Ethereum and introduces perpetual options, marking a significant shift in the decentralized finance (DeFi) space. Perpetual options allow investors to trade digital assets at fixed prices anytime, enhancing flexibility and reducing barriers for traders.
Panoptic's platform aims to reshape the decentralized financial instruments market through innovative trading strategies, supported by major venture capital firms like Uniswap Labs Ventures and Coinbase Ventures. The company plans to expand to additional blockchains to further increase trading volume.
Advanced Blockchain's CFO, Maik Laske, highlighted Panoptic's role as a key DeFi investment, with substantial growth since its incubation. This initiative is expected to attract both traditional and crypto industry traders, as per COO Hatem Elsayed, and could lead to increased revenues from trading fees.
R. P.
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