Next Step Towards Global Presence- Money Trade Coin Acquires Summit Wealth Management AG

Money Trade coin a new age cryptocurrency has recently acquired 100% stakes in Summit Wealth Management AG a leading financial advisory firm based in Zug, Switzerland.

Money Trade Coin a new age cryptocurrency has recently acquired a 100% stake in Summit Wealth Management AG - A leading Swiss financial advisory firm. The acquisition will follow a recent uptick in the cryptocurrency market across the world. Based in Zug Switzerland, Summit Wealth Management AG offers a comprehensive set of personalized financial services in an assortment of wealth management areas, such as estate, tax, insurance and retirement planning through its team of experts, industry familiarity and innovative processes.

Association Romande Des Intermediaries Financiers (ARIF) is a non- profit organization working to intercept activities on money laundering and terrorist financing.  

Now that Summit Wealth Management AG is an affiliated member of ARIF, it can avail prominence into professional activities and promise conformity with understanding under MLA and ARIF’s decree of self-regulation rules.    

Money Trade Coin will now be the world’s first cryptocurrency to implement the SWIFT code and messaging system the launch of which is expected in March 2018. The SWIFT code system is a system of codes that allow financial institutions to securely transmit information and instructions. SWIFT codes will enable more secure, robust and efficient transactions around the world, further facilitating global transactions. An additional advantage is that it is suited for scalability and such a feature is useful for the rapidly scaling nature of cryptocurrencies.

The company’s new online trading platform will allow users to trade and exchange all cryptocurrencies, with the hope of facilitating digital currency exchange. Their platform will also extend to offering an academy that teaches various aspects of an emerging financial revolution. The platforms wallet is a fully secured wallet with multi-step verifications that ensure all standards of compliance are met.

Mr. Amit Lakhanpal, Founder and Director of Money Trade Coin and the man behind the cryptocurrency, in a recent event at Mumbai, revealed a comprehensive array of products, which include a trading platform, academy and online portal for all matters related to cryptocurrency. Speaking about traditional investment, Mr. Amit Lakhanpal says “Gold is for luxury, cryptocurrency for trade and prosperity.” He believes that by raising awareness of the advantages of cryptocurrencies like Bitcoin, Money Trade Coin, and Litecoin, and by providing a strong trading platform, digital currency can flourish.

The event was graced by H.E. Shaikh Dr. Khalid Mohammed Al Khalifa - a member of the Royal Family of Bahrain, founder, executive chairman, and professor of University College of Bahrain and Mrs. Salma Al Kitbi – A very close associate of The Royal Family of Abu Dhabi and a renowned businesswoman in UAE. Numerous other industry experts were also present at the event.

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Release ID: 257121