On September 23, 2020, Cayman Islands based broker-dealer and capital markets firm 12 Peers Capital Markets Ltd. (12 Peers) announced their support for DigitalBits (XDB). 12 Peers came forward with a new found investment thesis focused on identifying blockchain projects to improve efficiencies across global markets. The purchase of the XDB token is only the firm’s second foray into blockchain, following their investment in ShareRing (SHR), indicative of continued institutional interest in digital assets.
12 Peers Founder and EVP, Gordon Ferguson, commented—
“We are excited to support the DigitalBits Project’s ecosystem and branded currency initiatives, including branded stablecoins. The void for more immersive brand-to-consumer experiences continues to widen, creating a tremendous opportunity for blockchain technology and branded stablecoins to enhance the engagement between brands and consumers.”
For full release, click here.