October 12, 2018 477By Robert Johnson
“The qualified custodian is the first and only company to securely custody all ERC-20 tokens, and now all Stellar tokens.”According to CoinGape, the trust company is adding full support for Stellar which according to its Chief Product Officer, Kevin Lehtiniitty: The trust company is adding full support for Stellar which according to Kevin Lehtinitty, the Chief Product Officer at the company who said has spoken on the matter and said:
“Stellar is emerging as one of the most popular blockchains for tokenizing financial assets, as well as securities due to its speed and out of the box support for issuing and trading tokens adding support for Stellar tokens is a natural extension for our digital asset business and we are thrilled to add this blockchain to our custody capabilities.”In another situation, PixelAlpha will be utilising Stellar as the settlements layers for their decentralised digital currencies derivatives exchange. The founder of PixelAlpha, Alex Otsu said in a recent Medium post:
“There are several features which make their DLT uniquely suited for operating a derivatives platform, but speed, reliability, and simplicity were key differentiators. Stellar allows our transactions to settle in seconds, rather than the minutes that other public chains take.”At the current time of writing, stellar is number 6 according to CoinMarketCap and is in the green after a 1.08% increase. The XLM is priced at $0.216 currently so things might be looking up. What are your thoughts? Let us know what you think down in the comments below!