aelf Expands Global Reach With Listing on Bitfinex

Published On : 01/30/2018

ELF Tokens now tradeable on one of the world’s largest and most advanced exchanges

aelf, the next generation cloud computing blockchain network, has today announced that its token ELF is live trading on leading cryptocurrency trading platform Bitfinex. The Hong Kong-based exchange is one of the world’s largest cryptocurrency exchanges by trading volume and offers leveraged margin trading through the platform’s peer-to-peer funding market. The ELF token is also listed on major exchanges including OKEx, Binance, Huobi, CEX, BCEX, Bibox, gate.io, KKEX, and BigONE.

Zhuling Chen, Co-Founder of aelf, said: “As aelf continues to pursue its goal of creating a superior, scalable blockchain architecture, we’re delighted to announce our listing on the Bitfinex exchange, one of the premier cryptocurrency trading platforms. The listing will further bolster the global reach of the aelf platform and increase the accessibility and utility of the ELF token, enabling us to breach new markets and invite more users into our community.”

JL van der Velde, CEO of Bitfinex, said: “Bitfinex is pleased to provide a platform of support for this forward-thinking and unique project, which we see as becoming a key contribution to the future development of a vibrant commercial blockchain ecosystem. We only select the highest caliber tokens that we anticipate being well-received by our thriving community, making aelf the ideal addition to our existing offering.”

The aelf platform is a decentralized cloud computing blockchain network built with state-of-the-art design principles and technology. The platform is designed to bring three significant innovations to the blockchain industry. The first is resource isolatability for smart contracts, which will allow each smart contract to run on its own side chain to increase speed and efficiency of the blockchain network. The second is the addition of scalable nodes, which will enhance the computing power of the aelf system and enable more complex calculations to be completed. The third innovation is a self-amending governance model to ensure the smooth adoption of new updates to the system. The governance model will let token holders vote on proposed changes based on their stake in the project, incentivizing the self-evolution of the aelf ecosystem.

“Our vision is to establish a blockchain ‘Central Business District’ where different industry applications have dedicated chains to serve their specific needs. As we bridge the gap between technical capability and commercial requirements, aelf is also committed to giving back to the highly-engaged community that has helped support our plan to unleash commercial values on a performant multi-layer blockchain system.

“With this listing, we hope to demonstrate our commitment to our supporters and push the boundaries of next-generation technology to facilitate large-scale commercial adoption of blockchain throughout the world,” added aelf Co-Founder Zhuling Chen.

ELF’s listing on Bitfinex follows the addition of TechCrunch and Arrington XRP Capital Founder Michael Arrington to aelf’s Board of Advisors.

In December, aelf successfully closed a private token sale to accredited investors, which amassed $25 million USD in contributions.

For more information on aelf, visit aelf.io

Wanda Rich

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.