CoinFLEX, a cryptocurrency futures exchange has got undisclosed investment from venture capital firms Polychain Capital and Digital Currency Group (DCG). Polychain CEO Olaf Carson-Wee said: “As a physically-settled futures exchange, CoinFLEX will be well positioned to capture significant order flow from speculators, institutional traders and Proof of Work miners seeking to hedge against crypto price volatility and hash rate volatility.”
The post CoinFLEX Gets Undisclosed Investment From Polychain & DCG Invest appeared first on Incrypts.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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