Future French Exchange LordToken Successfully Finalizes First Round of Public Funding

Comments
Loading...

LordToken, the future French exchange which ranks as the 4th company to publicly cooperate with Binance Cloud has successfully completed its first funding round, raising a total of $8.4 million so far.

Commenting on the success of the first round of the public sale that has been completed recently, François Denis, co-founder of LordToken, expressed his excitement:

“This is an important milestone for us and for everyone who shares the vision of Lord Token. Our first public sale round was the subject of immense interest. This marks the beginning of a long-lasting journey for us as we intend to lead the future of innovative cloud-based crypto exchange.”

Continuing on this path and according to information coming from the team, LordToken is now focusing on the ongoing last phase of its token sale which includes a hard cap of $10M.

LordToken is a service platform that facilitates access to the crypto-assets ecosystem with high-end customer service and an unmatched trading experience. Powered by Binance Cloud, LordToken is working to become one of the most prominent cryptocurrency exchanges in the European region.

Future Key Player in Europe?

Despite China's crackdown on cryptocurrency activities, Asian exchanges have continued to top the chart of the largest cryptocurrency exchanges by trading volume. Several characteristics are shared by these exchanges: improved UX, easy-to-use platform, and high-end security architecture deployed on the trading platform.

LordToken believes that its platform meets the highest standards. The company positions itself as a future key player in the EU-based crypto exchange industry, and is working to be soon registered as VASP in France in the following months. They are also currently building other teams in Europe to follow the same path.

They reiterated their commitment to enforcing a strict KYC/AML process by partnering with top reputable KYC management platforms to ensure in-depth security and privacy for its users. LordToken is designed to be a user-centric trading platform. As such, LordToken will be focused on building a user-friendly crypto exchange with a constantly improved user interface to bring industry top trading experience to millions of crypto users across Europe and abroad.

Discover LordToken Service Platform

LordToken says it is a cutting-edge service platform allowing users to benefit from a secure trading environment while also providing high-quality customer care.

LordToken exchange is powered by Binance Cloud. As a result of this cooperation, LordToken will leverage Binance Cloud infrastructure to deliver deep liquidity and propose a variety of more than 300 tokens at launch.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. The content was purely for informational purposes only and not intended to be investing advice.

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!