Polymath escapes the red market today unscathed, banking a healthy 7.85% gain against BTC off the back of the project’s new partnership with Netcoins, announced yesterday.
This strategic deal will provide Polymath token issuers with increased liquidity and the ability to cash out security token investments into fiat, using Netcoin’s sophisticated OTC crypto trading desk.
“Netcoins will provide top-quality OTC trading services to Polymath issuers which is huge for us…Many issuers want the ability to convert some or all of the cryptocurrency they raise to fiat, and we are pleased to provide issuers a direct line to Netcoins.” Trevor Koverko, Polymath CEO.
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