LATOKEN, a popular crypto exchange and services company, announced today the listing of BitShares BitAsset bitCNY, a stablecoin for the Chinese yuan.
The stablecoin runs on the BitShares 2.0 financial smart contracts platform. The permissionless blockchain platform enables trading of digital assets and features market-pegged assets that track the value of their underlying asset (e.g. bitUSD tracking the U.S. dollar).
Registered in the Cayman Islands, LATOKEN includes a top 20 cryptocurrency exchange and one of the largest IEO (Initial Exchange Offering) platforms. The native LATOKEN (LA) is used on the exchange as a utility token and offers access to over 350 crypto assets.
“LATOKEN listing BitCNY shows BitShares always believes in an open market place and this will bring more liquidity, awareness, and branding for BitShares. It’s a credit to the community for having forged the relationships and making this great collaborative listing a reality.”
– The BitShares Team
The BitShares core token (BTS) is also listed with LATOKEN. Yesterday, the exchange company announced the listing of Tezos (XTZ) after a string of additions supporting other leading crypto assets.
