Blockchain Industries Forms OTC Desk To Facilitate Bitcoin Block Trading

Joe Santaniello Is Announced as Managing Director of OTC

SANTA MONICA, CA / ACCESSWIRE / June 26, 2018 / Blockchain Industries, Inc. (OTC PINK: BCII) today announced the formation of an OTC desk, a dedicated trading desk to facilitate Bitcoin block trading. Joe Santaniello will be joining the company as Managing Director of OTC.

Known formally as over-the-counter, OTC trading is done directly through a peer-to-peer network outside of the traditional structure of an exchange. Due to large public interest in trading Bitcoin, but a lack of depth in exchange markets, Blockchain Industries has opened a concierge trading desk, providing investors access to counterparties seeking to trade in large-volume orders of Bitcoin.

As a publicly traded company, Blockchain Industries has developed a compliant and transparent structure for its trading partners. Helmed by Santaniello, the company’s OTC trading process fully complies with Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, the Patriot Act, and all U.S. anti-money laundering laws. Blockchain Industries also provides a complete verification process for both buyers and sellers, enabling both parties to negotiate final trade terms under U.S. and international laws.

“With a five-year track record, Joe is one of the most prolific and respected BTC block traders in the world,” said Patrick Moynihan, CEO of Blockchain Industries. “He has blacklisted over 5,600 ‘bad actors’ who were attempting to work outside of existing laws. We are pleased to offer Joe’s expertise to our global trading partners as we build a reliable platform dedicated to block trade transactions.”

Santaniello and his team will also supply Bitcoin verification services to ensure all transactions provide consumer protections. This service delivers additional security for buyers to execute orders with complete trust in newly purchased inventory.

About Blockchain Industries, Inc.

Blockchain Industries, Inc. is publicly traded merchant bank focused on the international blockchain and cryptocurrency sectors. The company is comprised of an ICO Advisory, an Investment Management arm and a Global Conference Series (Blockchain Unbound) connecting entrepreneurs and investors. The company is headquartered in Santa Monica, California, with satellite offices in New York, Puerto Rico, and Tokyo.

For more information on Blockchain Industries, visit http://www.blockchainind.com.

SOURCE: Blockchain Industries, Inc.

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