Since the launch of Lit, Mithril has been committed to promoting social mining and optimizing its products. One of the progresses is the launch of VAULT in June 2018, a wallet for users to keep their MITH and other cryptocurrencies. Optimistic about the development of digital asset management services, Jeffrey Huang the founder the Mithril decided to collaborate with Formosa Financial, an one-stop digital asset management platform, to drive digital economy forward.
From very early on, Jeffrey Huang saw a market need for a digital asset management platform and initiated discussions with George Hsieh and Ryan Terribilini, sharing his profound understanding of the development of blockchain and cryptocurrencies, playing the role as a key advisor. With his support, George Hsieh and Ryan Terribilini later co-founded Formosa Financial. As the technologies mature and partnerships built, Mithril is excited to be the first client on the Formosa Financial platform to test and help refine the private beta.
Three pillars of service :
Hypersecure integrated vault with multisignature architecture to seamlessly manage asset positions. Digital asset holdings are protected by best-in-class hot & cold wallet management services.
Access to excellent price execution through our liquidity sourcing platform that shards orders to multiple exchanges to access the best rates. Liquidity seeking algorithm through exchange API integrations and OTC trading pools.
Customized risk management solutions to mitigate market and liquidity risks.
【About Formosa Financial】
Formosa Financial, an one-stop digital asset management platform based in Taipei, aims to remove roadblocks for digital asset holders. The Dashboard allows its clients to connect to multiple exchanges and OTC trading pools. With partners, Formosa Financial provides top level custodial and interest bearing tools, at a single point of entry, so users do not have to go through multiple KYC verifications.
According to its roadmap and partnership announcements, Formosa Financial is running a private beta of the Dashboard. Interest bearing tools and institutional custodial services are in the pipeline for testing in Q4 2018.
