Binary.com's tokens will be listed on the widely popular Lykke exchange after the ICO.
FM
A couple of days ago Finance Magnates brought you exclusively the news that Binary.com is preparing for an ICO token offering. Today we can share some details on the matter after receiving some additional information from the company.
Binary.com will offer a total of 10 million digital tokens for sale via its ICO, which will be available through an open auction. The brokerage plans to give the buyers two options - either receive Payments which equate to shareholder dividends or convert their tokens into ordinary shares in the company.
Commenting to Finance Magnates, the CEO of the company, Jean-Yves Sireau, said: “The next step for a company of our size is naturally to go public by means of an Initial Public Offering (IPO). However, an IPO in itself is a cumbersome process that’s remained relatively unchanged for decades. Some would say it’s ripe for disruption.”
“By opting for the ICO route –– a kind of ‘IPO on the Blockchain’ –– we can go beyond the limitations of a traditional IPO. We get a wider reach of potential investors, lower costs of trading, and an immutable audit trail of transactions on the blockchain. Through the ICO, we can also establish our trading services among the cryptocurrency community, which is a prime target demographic for our platform,” adds Sireau.
Key Financials
Since being established in 2000 as BetOnMarkets.com, the company has been registering consistent growth with the past three years being particularly successful for Binary.com. According to the details in the documents provided along with the ICO, the company’s net profits for 2017 are expected to surpass $20 million with the trading volumes exceeding $900 million.
Net profits for 2015 surpassed the $10 million mark, with the number reaching to just below $14 million last year.
Binary.com gross and net profits
The company’s turnover was over $750 million in 2015, and almost $850 million last year. Shareholders received close to $14 million in dividend payments last year and $12 million in 2016. The documents show that expectations for this year are around $13 million.
The firm states that this year the number of active clients that are using its platform surpassed 100,000. The number is materially higher than last year when the company’s clients reached close to 80,000.
The total number of transactions Binary.com clients executed reached almost 140 million in 2015 and dipped only slightly last year. The company expects it to rebound this year.
Binary.com to List Token on Lykke
In the run up to the ICO, Binary.com enhanced its existing cashier system to support cryptocurrency denominated accounts. Clients of the company will be able to deposit, trade, and withdraw funds in Bitcoin, Litecoin, with support for Bitcoin Cash and Ethereum incoming.
Last year the company branched out into forex and CFDs with the launch of MetaTrader 5. The company has added support for several digital currencies to its newest product.
Binary.com's tokens will be listed on the widely popular Lykke exchange after the ICO.
A couple of days ago Finance Magnates brought you exclusively the news that Binary.com is preparing for an ICO token offering. Today we can share some details on the matter after receiving some additional information from the company.
Binary.com will offer a total of 10 million digital tokens for sale via its ICO, which will be available through an open auction. The brokerage plans to give the buyers two options - either receive Payments which equate to shareholder dividends or convert their tokens into ordinary shares in the company.
Commenting to Finance Magnates, the CEO of the company, Jean-Yves Sireau, said: “The next step for a company of our size is naturally to go public by means of an Initial Public Offering (IPO). However, an IPO in itself is a cumbersome process that’s remained relatively unchanged for decades. Some would say it’s ripe for disruption.”
“By opting for the ICO route –– a kind of ‘IPO on the Blockchain’ –– we can go beyond the limitations of a traditional IPO. We get a wider reach of potential investors, lower costs of trading, and an immutable audit trail of transactions on the blockchain. Through the ICO, we can also establish our trading services among the cryptocurrency community, which is a prime target demographic for our platform,” adds Sireau.
Key Financials
Since being established in 2000 as BetOnMarkets.com, the company has been registering consistent growth with the past three years being particularly successful for Binary.com. According to the details in the documents provided along with the ICO, the company’s net profits for 2017 are expected to surpass $20 million with the trading volumes exceeding $900 million.
Net profits for 2015 surpassed the $10 million mark, with the number reaching to just below $14 million last year.
Binary.com gross and net profits
The company’s turnover was over $750 million in 2015, and almost $850 million last year. Shareholders received close to $14 million in dividend payments last year and $12 million in 2016. The documents show that expectations for this year are around $13 million.
The firm states that this year the number of active clients that are using its platform surpassed 100,000. The number is materially higher than last year when the company’s clients reached close to 80,000.
The total number of transactions Binary.com clients executed reached almost 140 million in 2015 and dipped only slightly last year. The company expects it to rebound this year.
Binary.com to List Token on Lykke
In the run up to the ICO, Binary.com enhanced its existing cashier system to support cryptocurrency denominated accounts. Clients of the company will be able to deposit, trade, and withdraw funds in Bitcoin, Litecoin, with support for Bitcoin Cash and Ethereum incoming.
Last year the company branched out into forex and CFDs with the launch of MetaTrader 5. The company has added support for several digital currencies to its newest product.
Binary.com's tokens will be listed on the widely popular Lykke exchange after the ICO.
SignalPush, a Binary Options Signal Provider, Fined $100,000
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
FINANCE MAGNATES LONDON SUMMIT 2025
FINANCE MAGNATES LONDON SUMMIT 2025
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
