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Blockchain & Crypto Analysis

BnkToTheFuture & the Future of Finance on Huobi Talk

Tuesday, June 12, 2018

On this week’s episode of Huobi Talk, Simon Dixon, CEO of BnkToTheFuture, will share his views on the current system of banking and how blockchain has the potential to disrupt the industry.

BnkToTheFuture, which is currently traded on Huobi Pro, is a blockchain-based global investment platform that gives users access to fintech investment opportunities that are usually reserved for venture capitalists and angel investors. Investments can be made in both fiat and cryptocurrencies, and BnkToTheFuture handles all documentation, administration, and payments for its investors and deals. Lastly, BnkToTheFuture only charges a service fee after a successful deal has been made, and its pooled investment structure allows for tax-efficient exposure.

BnkToTheFuture’s platform token, BFT, began trading in late March at ~$0.073. After a surge to $0.35 in early May, BFT has retraced to $0.17 with $1.8 million of 24 hour volume. Today, BFT’s market cap sits at $106,870,260 with 30% of BFT trading volume occurs on Huobi Pro against BTC and ETH.

BnkToTheFuture’s Investments

BnkToTheFuture’s extensive investment portfolio includes a number of industry-leading companies, and two of the most well known ones are Exodus and Factom.

Exodus

Exodus is an all-in-one app to secure, manage, and trade blockchain assets. The wallet enables users to secure their own private keys for many cryptocurrencies and offers exchange services via the built-in ShapeShift support. BnkToTheFuture participated in a $250,000 funding round for Exodus, and 291 investors provided $368,222 of capital in exchange for convertible notes.

Factom

Factom is a blockchain solution that enables users to write cryptographic hashes of a secured data and documents on an immutable ledger. Factom, which is “often it is described as a publishing and auditing engine,” doesn’t store actual documents, but instead stores irreversible hashes that prove the authenticity of a government. In a $5 million “Series A” funding round on BnkToTheFuture, Factom was able to raise $8 million from 129 investors for 17% equity in the company.

BnkToTheFuture’s Roadmap

Currently, BnkToTheFuture is working on a voting portal that will be used to vote on potential investment listings, a beta wallet that allows whitelisted users to legally hold and trade tokenized securities, and developing an order book for tokenized securities through a clearinghouse partner and a cryptocurrency exchange for additional liquidity. Later this year, BnkToTheFuture will launch its full tokenized securities marketplace, as well as an investment index for blockchain-related companies.

To learn more about BnkToTheFuture, be sure to subscribe to Huobi Talk on YouTube and tune into this week’s episode featuring Simon Dixon. Lastly, be sure to check out Huobi Pro if you’re interested in the BFT token.


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