- Intellabridge Technology (KASH) provided update on its Kash 2.0 and Kash Treasury products
- Intellabridge plans to launch Kash 2.0 in June 2022
- The Company also plans to develop a comprehensive DeFi asset management and exchange platform for institutional investors under the brand KTX (Kash Treasury Exchange)
- Intellabridge is a financial technology company with a digital banking solution based on a hybrid of traditional finance and Web3 blockchain technologies
- Intellabridge Technology Corp. (KASH) opened trading at C$0.47 per share
Intellabridge Technology (KASH) has provided updates on its Kash 2.0 and Kash Treasury products.
Intellabridge plans to launch Kash 2.0 in June 2022. It is an updated version of the product integrated with the Ethereum and Polygon blockchain networks. The Company also plans to develop a comprehensive DeFi asset management and exchange platform for institutional investors under the brand KTX (Kash Treasury Exchange).
Kash has built a hybrid financial platform integrating traditional finance (TradFi) and blockchain finance (BlockFi) infrastructure to create a secure and simple gateway for users. The platform allows users to access and use financial services like checking, investment, yield and credit solutions on Web3 decentralized financial markets.
John Eagleton, CEO of Intellabridge commented on the news.
“Kash was originally developed on the Ethereum blockchain and supports Ethereum assets, and our roadmap plans to expand our product offering on Ethereum and Polygon has been accelerated due to the recent market collapse on the Terra blockchain. Our primary goal is to provide existing customers with support during this difficult transition period from the Terra blockchain to Ethereum, and we believe that going forward offering customers a more diversified product and cross-chain interoperability lowers risk and gives them access to a diversified market of Web3 financial services on multiple networks including Ethereum, Polygon, and Ripple Consensus Ledger (XRP Ledger).”
The updated platform is expected to provide support for multichain stablecoins and assets including USDC stablecoin, DeFi token index funds, and other DeFi investment strategies.
Intellabridge is a financial technology company with a digital banking solution based on a hybrid of traditional finance and Web3 blockchain technologies. It provides customers with access to decentralized financial applications with additional layers of cybersecurity and customer service.
Intellabridge Technology Corp. (KASH) opened trading at C$0.47 per share.