Liquid.com Introduces First FF Token Listing & Continuous Token Offering from Two Prime

Global cryptocurrency exchange Liquid.com (“Liquid”) announces today that Two Prime’s inaugural FF Token — the FF1 — will be live and available for trading exclusively on the exchange starting 25 February, 2020. Unlike other tokens available on the market, the majority of which are single-asset, the FF1 token will offer purchasers a type of cryptocurrency that has safeguard mechanism using a well-diversified and risk-managed structured portfolio in the blockchain industry.

Open source pioneer, Two Prime Co-Founder, and Chief Executive Officer Dr. Marc Fleury says: “With the FF1 Token, our vision is to provide a unique offering to the market. We offer a better way to get diversified exposure to crypto. For retail crypto purchasers, this means access to funds to which you would otherwise not be allocated. And for institutional purchasers, it means a hedged and safe approach to the next crypto wave. We bring professional risk management and capital allocation from traditional finance into the crypto space. For far too long, crypto trading has been based on speculation. We need to rethink the way we approach crypto and focus on what has worked best — financial applications. Through the FF Token and the Continuous Token Offering model, Two Prime’s vision is to bring greater abundance to the industry.”

Simply put, crypto has succeeded in three ways: 1) as an asset class; 2) in rapid fund formation, as demonstrated during the ICO boom; and 3) in the prevalent use of asset-backed tokens in the markets. Two Prime brings together Marc’s unparalleled experience in professionalizing open source software and co-founder and Chief Operating Officer Alexander S. Blum’s financial expertise and insight to create a product that is uniquely positioned to bridge the best practices of traditional finance and crypto. Along with Director of Finance Thejas Nalval, Two Prime’s core investment team will act as an active investor and bring value into the industry.

Two Prime will initially emit up to five million FF1 tokens into circulation onto secondary markets. The Continuous Token Offering (CTO) replicates the private equity approach of staged, de-risked financing and will continuously release additional tokens into circulation in line with real demand. The CTO model may be replicated in future FF Tokens in a multitude of verticals such as green technology and smart cities.

“We are introducing a new breed of cryptocurrency to the market with safeguard mechanisms that use real assets,” adds Alexander S. Blum. “The ICO was a remarkable innovation; it provided a liquid instrument for purchasers interested in early-stage investments that are usually reserved for institutional investors. Unfortunately, during the ICO boom of 2017, funds were misallocated and investors still feel the sting of the crash to this day. With the FF token and the CTO, Two Prime’s goal is to reignite rapid fund formation, restore the industry’s reputation, and bring maturity to the crypto markets.”

Commenting on FF1’s exclusive listing on Liquid.com, Kai Kono, Global Head of Business Development and Sales at Liquid, says: “We’re excited to bring Two Prime’s unique and innovative token to our members. We are committed to the development of the crypto industry, and the FF1 elevates the type of offering available on our platform. We look forward to working closely with the Two Prime team and bring about the next wave of crypto finance.”

The FF Token represents a new asset class. Funds raised from the sale of the FF1 will be allocated to projects that have been admitted to the Two Prime Partner Program, including BabelFinance, one of the world’s largest commercial crypto finance institutions, and leading crypto investment fund NGC Ventures. Two Prime is currently taking applications for the Partner Program. For more information on the program, please visit http://twoprime.io/partner.