The international digital exchange platform Simex plans to expand activities in the number of priority areas, including entering international markets, creating new opportunities for both the investors and traders and providing better services for work with crypto assets. In order to achieve these goals, Simex established a partnership with Prime Trust Company, a private US trust company.
WHAT DOES IT MEAN FOR THE SIMEX CLIENTS?
Partnership with Prime Trust opens a window of opportunity to increase the reliability and security of transactions. Being a trust company, Prime Trust provides transactions under SEC regulations which gives Simex clients more confidence in using Simex services.
What is more, those investors who participate in the ongoing Simex public offering can have escrow and custodian services provided by Prime Trust.
WHAT IS PRIME TRUST?
Prime Trust is a US-based trust company. Prime Trust provides SEC qualified custodian and escrow services. The company works both with fiat money and cryptocurrency transactions. According to according to the company's CEO, Scott Purcell, Prime Trust works “for the benefit of customers who need high reliability and security of transactions particularly in the emerging and developing of the industry of economy – cryptocurrency and digital assets”.