In an ICO, cryptocurrency tokens are issued instead of shares. How to participate in the Binary. We've reached an agreement to list the tokens on the Lykke Exchange. As featured in Finance Magnates. Need a different perspective? Read these independent third-party reports for unbiased insights and opinions on Binary. This equity research report by Lykke Accelerator gives you an overview of our company structure, financial performance, forecasts of future revenue, and more.
This research report by India-based TokenRating analyses the structure of our token offering and the potential impact of our convertible tokens with dividend rights.
This value analysis by an experienced investor, Nishant Sah studies the risk, benefits, and valuations of our token offering based on our past and projected growth. We grew from one simple idea: Our track record speaks for itself; we recorded a turnover of USD Our cutting-edge pricing technology benchmarks our prices against interbank market rates wherever possible. These key metrics will show you what growth and success looks like for an award-winning binary options trading platform.
A record-breaking year for turnover and profit in saw us distribute nearly USD 12 million in total dividend payments to shareholders.
These include our entry into new regulated markets with significant growth potential, and the innovation and expansion of our product offerings. Total active clients on our platform have almost doubled from to This is largely due to our focus on improving customer retention and acquiring new customers via targeted online marketing campaigns.
We currently have over employees across four offices in three countries: Malaysia, Malta and Japan. Jean-Yves Sireau is the founder of the Company. A serial entrepreneur at heart, he founded his first company in His achievements at only 21 years old saw him awarded the prestigious Foundation Jacques Dounce prize for young entrepreneurs by the French prime minister Edith Cresson, and the Neuilly Professions prize by a future French president Nicolas Sarkozy. Joanna oversees the Group's procedural and regulatory compliance with the various licensing compliance jurisdictions of the Binary.
Jim Mellon is a well-known and successful entrepreneur, starting his career in fund management and now including biopharma, property, mining, and information technology amongst his many investments.
He is the founder and principal shareholder of the Regent Pacific Group, quoted on the Hong Kong Stock Exchange, who were the founding investor of Binary. Binary options possess unique attributes that appeal to both retail and institutional traders worldwide. The binary options industry is poised for breakout growth similar to the growth shown by the Forex industry —— thanks to key trends and events in emerging and developed markets.
After a lengthy process, we were awarded a financial license to operate in the country, in compliance with its new regulations.
The European Commission recognised binary options as financial instruments in , meaning increased credibility for licensed brokers. We possess a number of attributes which differentiate us from other players in the market. Our platform is backed by proprietary technology, developed and managed by a highly-skilled and experienced team carefully handpicked from around the world.
We offer an innovative product range for customers consisting of financial and synthetic instruments with durations ranging from 10 seconds to days. We have an agile senior management team with more than 30 years of collective experience in the industry, as well as a succession plan in place.
We employ a wide range of unique marketing initiatives to acquire customers. We are focused primarily on untapped markets. Meet the Boss — Exclusive Interview with Binary. Join the conversation on our social channels for all news and updates related to our upcoming ICO.
Today, it is a well-established, and very successful, company. Like many successful companies, the growth of our business led us to consider an IPO. However, we believe that in the coming decade traditional stock exchanges will gradually be replaced by blockchain exchanges, and IPOs will gradually be replaced by ICOs. This is because blockchain technologies are much more performant than the legacy technologies of traditional stock exchanges, leading to lower transaction fees, faster settlement times, and error-free immutable audit trails.
Corporate laws in most jurisdictions including the British Virgin Islands, where our Group company is incorporated do not yet support blockchain-based share registers. The tokens entitle the holder to receive dividend-linked payments, and carry economic benefits that are equivalent to Ordinary Shares. Thus, there would ordinarily be no practical reason for token holders to convert their tokens to shares.
The tokens are offered via an auction process. After the auction is over and the final price is determined, you will have two weeks to deposit the balance payable depending on the final token price. The higher you bid, the more your chances of being successful in the auction. However irrespective of how high you bid, at the end of the auction all winning bids will receive the same final price, which is the lowest winning bid.
Tokens will only be offered to Binary. The ICO will be restricted in a number of jurisdictions to qualified or professional investors, in accordance with the rules and regulations of such jurisdictions.
To find out if the ICO is available in your jurisdiction, and, if so, if you are qualified to subscribe for tokens, please select your country from the dropdown list on the Information Memorandum page.
You will be able to purchase tokens using the funds in your Binary. You may use any of the available currencies including cryptocurrencies in our cashier system. If you choose to bid in a currency other than USD, the bid amount shall be converted to USD at the prevailing exchange rate at the time the auction ends.
Lykke is a Swiss fintech company building a global blockchain-powered marketplace for securities-linked tokens. First, token holders will receive dividend-linked payments equivalent to the dividends paid by the Company on its Ordinary Shares.
Therefore, token holders will share in the future success of the Company in the same way as do shareholders. Second, tokens may be converted into Ordinary Shares of the Company subject to certain conditions, as described in the Information Memorandum , thereby providing the legal link between tokens and Ordinary Shares. Third, token holders will be able to freely trade their tokens.
In contrast, Ordinary Shares are not listed and therefore cannot be traded on any exchange. In that sense, the tokens will be a superior investment to Ordinary Shares. Please view our blog post detailing our reasons for choosing this token. These risks are detailed in the Information Memorandum and should be considered very carefully before proceeding with any investment in the tokens. To find out more about Binary. You can also read the company blog.
Head over to our YouTube channel to learn more about ICOs, popular cryptocurrencies, and blockchain technology. Please subscribe to our mailing list using the form below for occasional announcements relating to the ICO. You may also open a free Binary. Keep an eye on your inbox for the latest updates on our ICO. Access to electronic versions of these materials is being made available by Binary Group Ltd.
It does not constitute an offer of, or an invitation to purchase, the tokens or any securities. Making press announcements and other documents available in electronic format does not constitute, or shall not be deemed to constitute, or form part of, an offer to sell or the solicitation of an offer to buy or otherwise deal in the tokens or any other securities. Further, it does not constitute a recommendation by the Company or any other party to sell or buy tokens or any other securities.
These materials and the proposed ICO do not constitute an offer of, or an invitation to purchase, the tokens or any securities in any jurisdiction in which such offer or sale would be unlawful. If an Authorised Person wishes to bid for tokens he may do so if he is registered client of Binary. The Authorised Person who wishes to acquire tokens will make a bid. The Company will collate and assess the bids. For the avoidance of doubt and notwithstanding anything to the contrary , these materials are not an offer for tokens; they are an invitation to treat.
Neither the United States securities and exchange commission nor any state, provincial or territorial securities commission nor any other regulatory authority of any country or jurisdiction has approved or disapproved of the proposed offer of tokens. Investment in the proposed tokens is expected to involve a high degree of risk, there will be no assurance that tokenholders will be able to receive a return of their capital or any returns on their investment.
Prospective investors in the tokens should carefully consider the risk factors that will be detailed in the materials. ICO is live, participate now! Token sale ends in. Days Hours Minutes Seconds. Investors need to open a Binary. Sign up now for free. Thank you for signing up! Please check your email to complete the registration process. Already have an account? How does the ICO work. Purchase our tokens Binary. Earn exclusive tokenholder rights Each token provides you with two exclusive tokenholder rights.
Receive dividend payments As a tokenholder, you have the right to receive payments equivalent to shareholder dividends. Convert your tokens into shares As a tokenholder, you also have the right to convert your tokens into Ordinary Shares.
Trade your tokens on the Lykke Exchange We've reached an agreement to list the tokens on the Lykke Exchange.
Read the official press release As featured in Finance Magnates. How often do you issue dividends? Binary generally distributes dividends once a year, at the sole discretion of its board. How do you inform tokenholders?More...