First Digital Trust Gets $3M in Funding From Nogle to Improve and Develop its Crypto-Asset Platform

First Digital Trust Gets $3M in Funding From Nogle to Improve and Develop its Crypto-Asset Platform

By Tokenhell.com | Tokenhell | 10 Mar 2020


Taiwanese venture studio, Nogle is now the new lead investor of First Digital Trust (FDT). Before FDT, Nogle has been seen to be investing in some other leading technology firms such as the fin-tech behind Hong-Kong’s largest e-wallet TNG and Telegram the global messenger app.

The Crypto-assets focused technology-driven financial institution First Digital Trust has claimed in an announcement that it is receiving an amount of $3M in funding from Taiwanese venture studio, Nogle. This investment will help FDT to develop its crypto-asset platform.

The purpose of the First Digital Trust firm is to power the whole crypto-asset industry by providing innovative solutions for the delivery of the crypto assets custody.

Also Read: Cryptocurrency Needs to be used as Currency rather than a Digital Asset for Mass Adoption, says PayPal CTO

A vision of creating a world where people can trade easily

FDT and Nogle have a vision that is to provide people with a world where they can easily and freely execute their trades. And to achieve this mission, they are increasingly building up the cooperation between each other.

The Chief Operating Officer (COO) of the First Digital Trust firm Gunnar Jaerv is very happy about finding a new lead investor in the form of Nogle and says that the strong cooperation between these two companies will accelerate their vision. According to the COO Gunnar:

“We are pleased to welcome Nogle as our new lead investor. The unique synergies between our two companies will accelerate our vision of creating a world where people can trade and transact digitized assets freely.”

Also Read: Famous Bitcoin Antagonist Peter Schiff Says “Bitcoin Cannot Be a Safe-Haven Asset During the Next Financial Crisis”

FDT’s Rapid Settlement and Clearing Network (RSCN)

The First Digital Trust firm is developing the first Rapid Settlement and Clearing Network (RSCN) of Asia which is expected to get launched in the upcoming month of May. The purpose of developing RSCN is to change the way people trade and transact their digital assets.

Jonathan Leong the founder of Nogle believes in the innovative technology and says that that is why we have invested in FDT. As he says:

“At Nogle, we are always looking for the next innovative technology that will disrupt the financial services industry. That is why we have invested in First Digital Trust. We see great potential in their technology for the digital asset industry, which will pave the way for the future of trust and custody services.”

Also Read: Bitcoin Fails to Bear Uncertainty in Financial Markets and Falls Below $8,000

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Tokenhell
Tokenhell

Tokehell is a Google News Approved Blockchain & Crypto News Agency Where You Can Discover News About Cryptocoins, Technical analysis, Blockchain Events, Coin Prices Marketcap And Detailed Reviews on ICOs, IEOs. STOs.

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