BANKEX will partner with Baker Mackenzie to build a decentralized CFD trading platform that will allow businesses and institutions to seamlessly hedge the volatility of crypto currencies such as Bitcoin and Ethereum against fiat currencies.
The unique product, which will be offered to real world businesses, will combine the legal expertise of Baker McKenzie and the technical innovation of BANKEX Lab for the emerging and rapidly growing crypto economy to assist traditional businesses in capitalizing on new liquidity opportunities.
You could probably saw the demo of CFD at
Using standardized fintech solutions, BANKEX aims to bridge the gap between the emerging blockchain sector and traditional finance. Deploying smart contracts and powered by tokenization of assets, the BankEx platform enables off-balance sheet crowdfunding and chain finance atop extant infrastructure, creating novel and efficient solutions for banks and other financial institutions.
Vitaly Dubinin, CEO of BANKEX Lab said, “Interest in the BANKEX proof-of-assets program has heightened, particularly among investors, with this demand comes a need for expert legal solutions with a focus on practical advice. Baker McKenzie is a long-standing leader in the legal space, and we are confident that this smart contract exchange is the first step in what we see as a long-term partnership.”
Founded in 1949, Baker McKenzie advises many of the world’s most dynamic and successful business organizations through its 13,000 staff in 77 offices. The Firm is known for its global perspective, uncompromising commitment to excellence, and world-class fluency in its client service.
“With offices in 47 countries, we have the experience and expertise to provide not only guidance but solutions to novel legal requirements, our global reach also provides us with the opportunity to work with some of the most interesting projects and innovative companies, our partnership with BANKEX is a particular highlight,” said Max Gutbrod, Partner at Baker McKenzie.
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