BCT Inc distributes Blockchain Terminal in Asia Pacific

KUALA LUMPUR: BCT Inc is distributing its first Blockchain Terminal, a powerful cryptotrading platform in Asia Pacific to Dios Asset Management Pte Ltd and Blockchain Technologies SPC.

A statement said between June 2017 and 2018, Bitcoin and Ethereum cryptocurrencies have increased in value by 262 and 231 per cent respectively.

The Blockchain Terminal enables hedge- and cryptofunds to enhance trading profits and mitigate risk with built-in compliance tools and apps.

The terminal is also an institutional- quality wealth management tool with an open ecosystem that will enable third-party blockchain developers to distribute cryptotrading tools, information and content to the traditional finance industry.

Dios Asset Management is a fund run by chief executive off icer and founder, Alvin Teo.

Alvin Teo said he was looking for ways to enhance the returns on his fund’s performance, and crypto is a way to do that.

He added that he will need institutional- grade tools and execution to do that and BCT will give the data, analytics and insights to perform the right trades with confidence.

In addit ion, Blockchain Technologies SPC has launched the Cryptocurrency Balanced Large Cap Fund SP -- the first regulated and institutional grade crypto fund, managed from Singapore in 2017.

Its fund manager, Scott Littlewood said: “Blockchain Technologies is structuring fund strategies for cryptos and we are waiting for the opportunity to pilot the use of a data aggregator like Blockchain Terminal. — Bernama