Blockchain-powered P2P trading platform, trade.io, has issued a press release welcoming the appointment of Chinese-American Billionaire, Chien Lee, to its Board of Directors.
Mr. Lee, who is also the majority shareholder in the French Football club OGC Nice, brings over 30 years of venture capital and entrepreneurial experience to the project. He is the founder and CEO of NewCity Capital, a private equity firm and also the co-owner of a Vietnamese resort – The Grand Ho Tram Strip and a Chinese budget hotel chain – 7 Days Group.
Trade.io, which is essentially a blockchain trading platform, aims to change the traditional trading model by providing support for a variety of assets on a decentralized, P2P system, allowing regular users to participate in multi-asset financial markets and the platform’s native Liquidity Pool.
Not only will trade.io democratize financial markets, it will also save money that would otherwise be spent on middlemen fees, which often serve as barriers for regular investors. The platform will also list crypto assets, providing a regulated and legally compliant ecosystem for safer trading.
Commenting on Mr. Lee’s appointment, Jim Preissler, CEO of trade.io said:
“I’m delighted that Mr. Lee is joining trade.io’s Board. His track record speaks for itself, and his senior expertise in business development coupled with his experience across global markets will prove to be invaluable for trade.io. His reputation in both Asia & America as a leading businessman and investor, and keen sense of identifying quality companies to work with will be inspirational and meaningful to the entire team at trade.io.”
Mr. Lee also commented positively on the development, praising trade.io’s resources and potential, saying:
“I have worked with Jim Preissler in previous business ventures with positive results. When he approached me initially about joining the board of trade.io, I was impressed with trade.io’s approach and prospects for the future. They have very ambitious goals and I feel they have the experience and resources to reach these goals.”
Currently trade.io is running a pre-ICO sale until 25 November 2017, after which the crowdsale will commence. 200,000,000 Trade Tokens are up for sale right now, and you can buy 200 for 1 ETH.