Fermat, a decentralized and blockchain-enabled open source project developing the Internet of People, has announced a partnership with Bitcoin Suisse AG, a Swiss crypto-financial service provider, broker and wealth manager.
The move will enable Fermat stakeholders to purchase its native cryptocurrency IoP with any fiat currency. IoP tokens are currently only traded on the Bittrex exchange. Bitcoin Suisse’s platform will also be used by Fermat to store stakeholder’s IoP tokens and source IoP tokens from other customers on the market.
Founded in August 2013, Bitcoin Suisse AG specializes in large-scale brokerage – both via bank and cash transactions while also offering trading desks for high-net worth individuals and institutions in the field of cryptocurrencies and crypto-assets.
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“I am delighted to be announcing Fermat’s partnership with Bitcoin Suisse, a most-valued organization within the community who understands the potential of the crypto-space and the solutions it offers,” said Fermat Founder Luis Molina.
“As an important player in over the counter trading of cryptocurrencies, Bitcoin Suisse is a very important financial partner for Fermat. Looking into the future, we hope this partnership will result in IoPs being traded over the counter, starting at Bitcoin Suisse,” added Molina.
“We specialize in trading crypto-assets and we are assisting a great many of the companies, organizations and platforms which issue crypto-tokens, as market maker, exchange service and supporing their respective ICO’s” said Nikolas Niklajsen, CEO of Bitcoin Suisse AG. “We hope to see Fermat and the Internet of People realize their vision, and will assure that investors and stakeholders have a reliable partner in regards to trading their IoP tokens.”