SMART VALOR lists ARB, the governance token of Ethereum's leading scaling solution Arbitrum as of 24 April, 2023.
SMART VALOR LISTS ARB, THE GOVERNANCE TOKEN OF ETHEREUM'S LEADING SCALING SOLUTION ARBITRUM AS OF 24 APRIL, 2023.
SMART VALOR AG ("SMART VALOR" or the "Company"), the NASDAQ-listed Swiss digital asset exchange, is adding one of the most promising crypto-tokens to its list of tradable digital assets: ARB, the governance token of Arbitrum. Arbitrum is a layer 2 scaling solution that effectively helps to avoid Ethereum's frequent congestion problems.
ARB is the token of the Arbitrum network. As a layer 2 solution, this network is an outsourcing solution for blockchain problems. Arbitrum is fully tailored to work with the Ethereum Blockchain, helping to minimise the scaling issues faced by Ethereum.
ARB is the Arbitrum networks' native token. It's a so-called "governance token" which is different from utility tokens used to pay fees on a network. Governance tokens act as a form of voting rights, allowing token holders to have a say on issues that need to be voted on for the network.
Olga Feldmeier, co-Founder and board chairman about the listing: "We are excited to list ARB. We believe that Arbitrum is very important for the continued growth of the Ethereum blockchain. This is evidenced by the number of daily transactions which, in Q1 2023 were in some cases higher than the transactions on Ethereum, the blockchain for which Arbitrum scales. At SMART VALOR, we believe in Arbitrum as the "Queen of the layer 2s."
As of 24 April 2023, SMART VALOR clients will be able to trade ARB with cryptocurrencies such as Bitcoin and Ethereum and with the fiat currencies such as CHF, EUR, USD, GBP and SEK.
For additional information, please contact
Olga Feldmeier, Board chair and Co-founder
Email [email protected]
Adrian Faulkner, General Counsel
Mobile: +44779695 0688
Email: [email protected]
Certified Adviser
Mangold Fondkommission AB
The following documents can be retrieved from beQuoted
ARB listing PR 24042024-SMARTVALOR-1.pdf
SMART VALOR is the first full-service digital asset exchange listed on Nasdaq and provides compliant and secure access to trading and custody of digital assets.
The company, which originated from the Thomson Reuters Incubator, is the first exchange from Switzerland to receive financial intermediary status and exchange authorization in Switzerland and Liechtenstein.
On the investor side, the company is backed by leading venture capital funds in Asia and the US. SMART VALOR is the only blockchain technology company in VI Partners' portfolio, funded by Credit Suisse, Zürcher Kantonalbank and other leading Swiss companies.
They also offer trading, brokerage, wealth management, custody and staking to clients from over 130 countries. Digital assets on the platform include over 200 trading pairs of cryptocurrencies, staking, blockchain protocols, DeFi and metaverse assets.
On the B2B side, SMART VALOR provides an API-based Crypto-as-a- Service to banks and fintechs. The scalable infrastructure enables them to offer trading and custody of digital assets to their customers.
