Menlo Park, California, Vancouver, British Columbia, and Boulder, Colorado--(Newsfile Corp. - May 16, 2022) - Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) (the "Company" or "Intellabridge"), announces that it plans to launch Kash 2.0 in June 2022, an updated version of the product integrated with the Ethereum and Polygon blockchain networks. The Company also plans to develop a comprehensive DeFi asset management and exchange platform for institutional investors under the brand KTX (Kash Treasury Exchange).
Kash has built a hybrid financial platform integrating traditional finance (TradFi) and blockchain finance (BlockFi) infrastructure to create a secure and simple gateway for users to access and use financial services like checking, investment, yield and credit solutions on Web3 decentralized financial markets.
"Kash was originally developed on the Ethereum blockchain and supports Ethereum assets, and our roadmap plans to expand our product offering on Ethereum and Polygon has been accelerated due to the recent market collapse on the Terra blockchain," explains John Eagleton, CEO of Intellabridge. "Our primary goal is to provide existing customers with support during this difficult transition period from the Terra blockchain to Ethereum, and we believe that going forward offering customers a more diversified product and cross-chain interoperability lowers risk and gives them access to a diversified market of Web3 financial services on...
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