Block 30 and ECU announced a global strategic partnership between the two companies. The collaboration would allow BLOCK Indexes and BLOCK ETX (Exchange Traded Index) products to feature on the EUCX trading exchange, which is scheduled to launch later this year.
CEO of BLOCK 30 Financial, Brian McLaren Foote on said that they are excited to start with the EUCX in Europe and expand quickly to other markets. He added that EUCX gives them an immediate, well-curated, and highly compliant footprint into the European region. He believes customer demand for our BLOCK Indexes and Blocks Exchange Traded Index (ETX) products is much higher in the European region.
BLOCK ETX financial products include BLOCK 5, BLOCK 10, and BLOCK 30, which will all be available on ECU for people to invest. CEO of EUCX, Eric H. den Boer said BLOCK 30 Financial is ushering in an entirely new generation of global financial products with its tokenized BLOCK ETX product. He believes investing in simple baskets of digital assets, and tokenized versions of BLOCK stocks, bonds, and real estate is a multi-billion dollar opportunity, and they want to lead the industry.
According to Block 30, CEO, EUC is equipped with perfect market technology system to implement new product lines with delivering high-frequency trades across digital assets, foreign exchange, and other tokenized types of BLOCK investment products. Block 30 is based in California and EUC in the Netherlands. Both companies have planned to roll out their services in 2019-2020 timeframe.
