Santiment, a German crowd sentiment data platform for crypto and blockchain assets, has announced that its token ‘SAN’ is now trading on leading digital currency exchange Bitfinex.
According to the official release, Bitfinex added the token July 12, letting SAN token holders trade against BTC, ETH, and USD. The announcement follows Santiment’s two-stage token crowdsale which closed on July 5, 2017 raising $12,215,250 USD worth of ETH.
“Santiment is delighted to be trading on Bitfinex, the largest digital asset exchange. The launch of SAN trading marks a significant milestone in achieving Santiment’s mission to build the future datafeeds for the crypto-markets”, Santiment Founder Maksim Balashevich said. “Bloomberg and Thomson Reuters serve a critical role in traditional financial markets but the cryptocurrency and blockchain space has lacked a viable counterpart. As Santiment begins trading on Bitfinex, with strong support from the community and Cofound.it behind us, we are perfectly positioned to be the financial market data and content platform of choice for the crypto market.”
Bitfinex will enable margin trading for SAN pairs as the order book develops appropriate liquidity, letting users trade with leverage via funding from the peer-to-peer margin funding platform.
“Santiment’s impressive development and partnerships as well as its highly successful crowdsale highlights the company’s dedication to innovation and growing the cryptocurrency trading space with unprecedented data access. Bitfinex is proud to partner with Santiment and support our mutual goal to mature and grow faster the nascent crypto data industry”, Bitfinex CSO Phil Potter said.
Santiment became the first project to partner with Cofound.it, a distributed global platform connecting startups, experts, and investors worldwide, which recently raised over $14.8 million in a pre-sale token sell-out.
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