Key Points
- Fred Kaasik is the new CEO of Blocktrade, a platform for buying and selling digital assets.
- Blocktrade has announced a two-phase strategy for expansion and improved user experience.
Fred Kaasik has been appointed as the CEO of Blocktrade, a platform that facilitates the buying and selling of digital assets.
With over two decades of experience in finance and consumer relations, Kaasik is set to lead a team of experienced investors and strategists.
Plans for Blocktrade
Kaasik expressed his enthusiasm about leading Blocktrade into its next phase of expansion.
He believes that the team’s expertise in finance, capital markets, and compliance will help the firm reach new heights.
The new leadership is expected to enhance the platform and lead to greater innovation and improved user experience.
Blocktrade has a two-phase strategy to be implemented immediately.
The first phase includes adding more trading pairs, lowering transaction fees, enhancing the onboarding process, and preparing for the upcoming MiCA regulations in Europe.
The second phase will focus on integrating current and future services with traditional finance systems.
This will involve expanding crypto payment options and investment products to offer tangible benefits to users.
In 2024, the company plans to develop crypto payment services, POS devices, and launch the Blocktrade credit card.
Blocktrade’s Background
Founded in 2018, Blocktrade offers a wide range of assets, a user-friendly interface, multiple payment options, saving plans, and exceptional customer support.
The platform values transparency and has over 5,000 class-B shareholders.
Blocktrade is licensed as a virtual asset service provider (VASP) with Estonian, Italian, and Slovenian regulators and complies with the EU Anti-Money Laundering (AML) Directives and MiCA regulation.
Recently, Blocktrade announced its partnership with Brillion Finance.
The partnership aims to provide insights into potential Wallet as a Service (WaaS) solutions and facilitate new user acquisition channels for both projects.
Nibras Stiebar-Bang, the CEO of Brillion Finance, expressed her excitement about the partnership as Blocktrade becomes her firm’s new smart wallet partner.