Bitfinex, a state-of-the-art digital token trading platform, and Hodl Hodl have announced that iFinex Inc. has purchased shares in the peer-to-peer (P2P) bitcoin trading and lending platform.
As an exchange committed to supporting the bitcoin ecosystem, Bitfinex aims to further the adoption of genuine use cases for bitcoin, including exploring integrations with Hodl Hodl services. As a non-custodial platform for bitcoiners, made by bitcoiners, Hodl Hodl enables its users to undertake trading in a pure P2P fashion, without the need for a centralized third party.
Paolo Ardoino, CTO at Bitfinex, said:
“When it comes to genuine support of the bitcoin ecosystem, Bitfinex is about action rather than just words. We hope our investment in Hodl Hodl will help grow its amazing community and support the wider digital token ecosystem.”
Max Kei, CEO at Hodl Hodl, said:
“We are very excited to be exploring collaboration with such an experienced and influential industry player. We can learn so much from the high-level expertise of the Bitfinex team. There are so many things to be excited about. Still, it is important to state that the Hodl Hodl team will stay independent and stick with our core values of building non-custodial, anonymous and bitcoin-only products.”
Bitfinex stands out as one of the few major cryptocurrency exchanges that have integrated the Lightning Network, underlining the exchange’s support for the technology and the wider bitcoin ecosystem.
About Hodl Hodl
Hodl Hodl is a P2P non-custodial bitcoin trading and lending platform. Built on bitcoin smart contracts, Hodl Hodl offers a unique technology for non-custodial P2P deals that allows its users to deal directly with each other on a P2P basis and eliminating the necessity of a third party. The platform ensures safety by providing a unique multisig escrow for each deal, leaving its users in control of the keys. Hodl Hodl is committed to security, privacy, and making bitcoin accessible to everyone in the world. Founded with the knowledge that using bitcoin’s blockchain is the most secure way to send, store, and receive value, Hodl Hodl offers real-life applications of bitcoin, including safely trading and lending with bitcoin peer to peer.
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