As news of the Silicon Valley and Signature Bank collapse broke this month, some companies in the crypto space have timed their news well, with a resurgent bitcoin breathing fresh life into the market. One example is Damex, a leading digital asset platform that has announced the launch of its IEO, which will take place on April 19th, 2023.<a href="https://www.damex.io/" rel="noopener noreferrer nofollow">Damex</a> is preparing to take the market by storm with its innovative smart finance app, to offer crypto users and businesses seamless functionality, game-changing tools, great rewards, and promote general good health. Following the collapse of Terra LUNA and FTX, regulators are cracking down on the digital asset market, which will hold current and future service providers to a much stricter set of rules. On the flip side, companies that are properly regulated and licensed are a more attractive proposition for users, investors, and potential partners, than those who are not.Damex.io is well prepared for any legislative changes, as it is one of only 14 companies in the world that holds a Gibraltar DLT license, in addition to being fully regulated by the Gibraltar GFSC. Damex has already enjoyed a successful run since 2017, securing over 750 clients, and is currently recording a monthly volume of $120 Million USD.The Damex smart finance app (available to UK and EEA residents) offers users several functions that stand to benefit both B2B and B2C users. Some of these include cross-border remittance, OTC desk services, digital asset payment gateway, cold storage, and IBAN banking capabilities.The app also offers features such as digital asset-to-fiat conversion, multi-currency solutions, cross-border payments, a fiat digital asset wallet, and a Visa debit program. Users will also have the option to stake tokens to enjoy zero exchange fees, access to VIP Premium, cashback, and early access to new features, including life and health insurance, loans, stock options, and even NFTs.The Damex IEO starts on April 19th and is available globally. The presale offers individuals in the crypto space a chance to join a well-prepared, established project with an emphasis on asset security, rewards, and health.<a href="https://www.damex.io/" rel="noopener noreferrer nofollow">Damex</a> is poised to make a significant move in the crypto market, and the IEO could be a game-changer in paving the way for the next generation of global blockchain businesses. The Damex IEO will launch from the smart finance app and at least two launchpads. Follow the Damex official <a href="https://twitter.com/damex_io" rel="noopener noreferrer nofollow">Twitter account</a> and other social media channels for the launchpad announcement.

Gibraltar DLT Licensed Digital Asset Service Announces IEO as Bitcoin Hits New High for 2023

BlockchainReporter

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