How the idea was born?
As bitcoin became increasingly popular over the last couple of years, we saw a rise in retail demand for crypto-related financial services. People with little to no knowledge of cryptocurrencies and blockchain technology wanted to get involved in the market and profit from the meteoric growth of crypto assets. Potential investors were asking about managers who could invest their money for them, but there was no infrastructure in place for individuals to fund traders and have them manage their money. On top of that the exchanges were lacking in functionality.
Seeing this, our founders decided to offer a solution for the growing crypto space, but also go further. Crypto assets make up a very small portion of all of the financial assets being traded. So, our new platform, SociumTrade, has been architected to enable traders and investors to not only trade crypto assets, but classical assets (stocks, bonds, FX) as well.