Regular crypto business investors Andromeda Group have added a new ICO to its list of partners, raising the potential of upcoming “hybrid” exchange Qurrex.
With dozens of prominent partners in the industry, Qurrex is the latest business to receive a huge financial boost, as well as access to Andromeda’s expert team. The deal, thought to be worth in excess of $5m, is a promising sign for the ICO, which is aiming to hit its max cap before the end of the main token sale, which starts in May.
Aiming to combine the power of traditional centralised exchanges with the transparency and security of the decentralised alternative, Qurrex is set to provide a truly next-generation crypto exchange. Pavel Kornilov, Andromeda Group Co-Founder, said the potential of Qurrex’s token was one of the key factors in the decision.
He said in a press release:
“We see Qurrex as potentially strong player in the market and glad to develop our relationship. We also believe that the quality of QRX token buyers will be one of the key factors of the future success of the project.”
Qurrex’s next-generation platform integrates the industrial-grade centralized infrastructure of traditional stock exchanges (CEX), like NASDAQ, NYSE and LSE, with a decentralized blockchain-based network (DEX).
The team behind Qurrex suggest that intuitively combining the key features of CEX and DEX exchanges can eliminate the negative aspects of both.
Key features of the Qurrex platform include high-end performance supporting up to 70,000 transactions per second, next-gen security, maximum transparency, high-speed APIs, and 24/7 user support.
CEO of Qurrex, Matthijs Johan Lek, said in a statement:
“We expect the partnership with Andromeda Group to strengthen our capabilities and enable us to deliver new features to our product. It is an important milestone in Qurrex’s journey in becoming the first professional and truly global hybrid cryptocurrency exchange platform.”
The Qurrex ICO continues in May, with expectations of hitting the max cap high. Interested parties can take part by visiting www.qurrex.com