September 5, 2019
Hedgeweek, the global hedge fund publication covered the exciting announcement below.
Hedgeweek / September 5, 2019
Tether stablecoins can now be used to invest on BitSpread’s Blockberry platform
Tether, the USD pegged Stablecoin (USDT), can now also be used to subscribe on BitSpread’s BlockBerry.com an online crypto wealth management and trading platform run by the BitSPread Group.
BlockBerry Wealth Management provides access to cryptocurrency investment strategies for sophisticated investors such as institutions, family offices, wealth managers and high net worth individuals. BlockBerry Trading is a tiered service platform that provides users with professional quality cryptocurrency trading services such as ready-to-trade and bespoke algorithms, click-through trading and option pricing.
Giancarlo Devasini, CFO of BitFinex, says: “We are excited BitSpread has made the decision to accept Tether as payment on its BlockBerry platform. This decision provides Tether users with opportunities beyond arbitrage between exchanges. In addition, the timing seems to be right given the recent positive price action in Bitcoin and renewed interest in Digital Tokens.”
Cedric Jeanson, CEO of the BitSpread Group, adds: “The BitSpread Group has been a pioneer in crypto investments since 2014 and has manufactured great readymade and bespoke investments strategies which are all accessible through BlockBerry.com.”