What is CMCC Exchange?
CMCC Exchange is a leading investor in the Blockchain ecosystem. CMCC was founded in 2019 and is one of Asia’s first Arbitrage companies, CMCC is a company launched to generate revenue from different prices among countries. We have offices in Asia and North America. Our team has a mixture of deep technical and business Experience. At CMCC we believe that blockchain technology is bringing about the next era of the Internet, which will facilitate the movement of value rather than ust information. We believe that value will accrue in different areas of the blockchain ecosystem and we offer investors exposure to different aspects of this frontier Technology. Being a global company, we are conscious of the regional disparities in blockchain platforms and believe that the speed of adoption will vary geographically. We look for teams with a clear path to adoption and we Leverage global relationships to help our portfolio companies bridge the East-West divide.
Why CMCC Exchange exists?
Potential increase in liquidity and share price. Increased public profile and reputational prestige due to the knowledge that the company has met listing corporate governance requirements. Access to alternative sources of finance and increased trust by investors in the company. Opportunities to attract talent and incentivise employees with share option schemes. Ability to facilitate acquisitions by using shares as a monetary exchange.
CMCC Exchange and Arbitrage
CMCC Exchange is a world-class Exchange which supports both
(i) peer-to-peer token-fiat
Peer-to-Peer business applications that offer service providers the possibility to charge money for their services have to fulfil several requirements. CMCC Exchange operates a P2P Trade Exchange function ("P2P Exchange ") which allows users to Exchange fiat to Tokens and vice versa with other users.
- With an Account you may advertise on CMCC Exchange that you are purchasing or selling Tokens, the Exchange rate, payment method and other terms. You may initiate Trades by placing an Order with another user or wait for users to place Orders with you.
- By placing an Order with another user, you agree to be bound by the terms displayed on their advertisement page. Such terms are valid in all cases except if they contradict this Agreement or contravene any applicable law.
- The Tokens to be traded will be held in escrow on CMCC Exchange and released to the buyer when the seller has confirmed the receipt of payment in full.
- If a dispute/subsequent dispute arises between the buyer and seller, the dispute resolution process is set out below:
- While CMCC Exchange may assist in resolving any disputes arising from P2P Trades ("P2P Disputes") between users, we are only an intermediary and are not a party to the transactions.
(ii) token-to-token features.
- CMCC also has a Token-to-token Exchange function to facilitate the buying and selling of Tokens.
- Before an Order is placed, you will be presented with a confirmation dialogue box stating the type and amount of Tokens you will be disposing and the type and amount of Tokens you will be receiving in Exchange. You agree that the failure to be presented with such confirmation dialogue box shall not invalidate any Order or Trade executed based on such Order.
- Upon the placement of an Order, CMCC Exchange will seek to match your Order with that of another user. Orders will remain open until executed or cancelled.
- If your Order has only been partially matched, you may cancel the unmatched portion of the Order. You acknowledge however that the execution of Trades is conducted by automated processes and we are not liable for any Orders which may be executed before your request to cancel such Order is processed.
How CMCC would help in Reviving OTC market
"Bitcoin is proving itself to be an asset that appeals to institutional investors. At CMCC Exchange, we have seen growing demand from our clients to gain direct exposure to Bitcoin in a safe and secure manner," said Martin Baumann, co-founder of CMCC Global. "We have successfully worked with BC Group and value the firm as one of the most professional technology and digital asset companies in Asia. Their newly launched custodiol solution, ANXONE Custody, eventually convinced us that now is the time to bring this fund to life. We are excited to launch the Liberty Bitcoin Fund as a way to provide institutional-grade access to this nascent asset class."
BC Group Executive Director Dave Chapman added: "We're thrilled to provide ANXONE Custody to the Liberty Bitcoin Fund. As digital assets continue to gain momentum and additional investors enter the space, this type of safekeeping solution will become an integral part of the ecosystem. The first in Asia to launch an institutional-grade investment vehicle for Bitcoin, CMCC Global has had the foresight to anticipate this shift."
The launch of the Liberty Bitcoin Fund demonstrates CMCC Global's commitment to expand its institutional investment products, allowing professional investors to access a range of blockchain-based opportunities. Bitcoin is one such opportunity for digital asset investors. Bitcoin has established itself as a new asset that has performed extremely well, despite its high volatility. In 2019, Bitcoin has appreciated in value by over 150% and in the last five years it has appreciated over 2,000%.
"The Liberty Bitcoin Fund is the most efficient way for professional investors around the world to access Bitcoin," said Liberty Bitcoin Fund Manager Thilo Roth. "The fund is structured in a way similar to a traditional commodity tracker fund, such as those available for tracking the price of gold, and allows professional investors to gain exposure to the underlying assets using a secure and regulated structure they are familiar with."
Our digital asset funds invest directly into the native assets that underpin smart contract platforms and blockchain protocols. We believe that the speed of adoption will vary geographically and we look for teams with a clear path to adoption.We leverage our global relationships to help our portfolio companies bridge the East-West divide.
The Titan Fund invests into equity opportunities in the blockchain ecosystem. It looks for both crypto-related projects, that are directly tied to the success of digital asset markets, and enterprise blockchain solutions, that have no dependence on the success of digital assets like Bitcoin. The Titan fund invests primarily at seed and series A stage.
Effects Of HONG KONG protest in Selling Offline OC
Hong Kong – The fallout from a controversial extradition bill proposed by Hong Kong’s pro-China Chief Executive Carrie Lam has reportedly triggered capital flight and Bitcoin trading at a premium in the city.
Massive demonstrations against the bill, including one that saw an estimated 2 million of Hong Kong’s 7.5 million people march on Sunday, have rocked the semi-autonomous Chinese territory. According to financial advisers, bankers and lawyers familiar with such transactions, some wealthy residents are already moving their money. Bitcoin is also proving a popular safe haven. Hong Kong crypto exchange Tidebit shows that the price of BTC is roughly $160 higher than the global average.