Bitfinex, a digital asset trading platform that offers state-of-the-art services for digital currency traders and global liquidity providers, announced on Tuesday the introduction of two new token listings, Stellar (XLM) and Verge (XVG), on its trading platform. According to Bitfinex, the newly introduction of the two listings have a combined market capitalization of 9 billion. Bitfinex also claimed that the two are firmly positioned among the world’s top 30 coins. CEO of Bitfinex, Jean-Louis van der Velde, stated:
“Adding Stellar and Verge to our platform underlines our commitment to extend the reach of Bitfinex traders to the most exciting investment opportunities in the space. With a stellar combined market cap of $9+ billion, these elite tokens bolster our growing array of tokens as we continue to anticipate the needs and demands of the digital asset community.”
Bitfinex revealed more details about the tokens:
- Stellar (XLM): A Silicon Valley-based nonprofit organization that supports the Stellar network, which is described as a free, open-source network that connects diverse financial systems and lets anyone build low-cost financial services (payments, savings, loans, insurance) for their community.
- Verge (XVG): A decentralized blockchain platform and cryptographic token created with privacy in mind. Verge Currency is fast, flexible, private and anonymous. It is notably a currency built to support widespread mass adoption as it scales across the globe.
van der Velde then added:
“Today’s announcement continues the strong wave of activity within the Bitfinex community, following the addition of 12 new tokens to our platform earlier this month. We look forward to maintaining this positive momentum in the weeks and months ahead.”