Blocktrade Under New Leadership

Blocktrade, a distinguished digital asset platform, has entered a new era with its acquisition by a group of seasoned fintech investors from Estonia. This acquisition signifies a significant milestone for Blocktrade and the investor group, signaling a period of innovation and expansion.

With the change in leadership, Blocktrade is undergoing a strategic pivot to emerge as a modern and user-friendly financial hub addressing the needs of both B2B and B2C clients. This strategic realignment underscores Blocktrade's dedication to delivering sustainable value and services to its customers, shareholders, and partners.

The influx of expertise and resources from the new investor group will empower Blocktrade to enhance its offerings, delivering comprehensive financial solutions and creating a thriving ecosystem for businesses and consumers.

Former CEO, Christian Niedermüller, expressed his enthusiasm for the acquisition, highlighting the platform's evolution into a top-tier market standard with unique features over the past 2.5 years. Niedermüller views the ownership change as an opportunity for further development of Blocktrade with the backing of the new leadership.

Newly appointed CEO, Fred Kaasik, shared his anticipation in leading Blocktrade through its next phase of growth. Leveraging experience in traditional finance, capital markets, and compliance, Kaasik outlined a two-stage strategy to enhance the user experience. The initial phase will introduce new trading pairs, reduce fees, improve onboarding efficiency, and prepare for upcoming regulatory changes, while the subsequent phase will integrate services with traditional finance to deliver tangible user value.

Existing clients of Blocktrade can look forward to a seamless transition, retaining access to current services and gaining access to advanced features in the immediate future. The teams are committed to ensuring a smooth transition beneficial to all stakeholders involved.

Fred Kaasik and the investor group are recognized for their success in the financial industry and related consumer services, known for their effective strategies in traditional and emerging financial landscapes.

Founded in 2018, Blocktrade has consolidated its position as a prominent digital asset platform due to its unwavering focus on security and regulatory compliance. With over 5,000 class-B shareholders and compliance with EU standards, Blocktrade stands as a transparent and regulated platform.

About Fred Kaasik and the Investor Group: Fred Kaasik, with extensive experience of over two decades in the financial sector, leads a proficient team and investor group distinguished for their strategic acuity in financial ecosystems and compliance.

About Blocktrade: Established in 2018, Blocktrade is a state-of-the-art digital asset platform facilitating the seamless exchange of diverse cryptocurrencies. With features like a user-friendly interface, numerous assets, multiple payment options, savings plans, and exceptional customer service, Blocktrade has cemented its position as a key player in the digital asset industry.

For additional information, contact Grant Gohl, Marketing Manager at [email protected].