New Crypto Exchange Hermesus.com Announces Agreement with Tier 1 Capital and Beginning of Series A Funding Round

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DEL MAR, CA / ACCESSWIRE / July 30, 2021 / HERMESUS, LLC, a blockchain technology company recognized in global markets, today announced the signing of an agreement with California-based venture capital firm First Level Capital to launch its Series A round of funding at the official launch of its “HERMESUS” cryptocurrency exchange. Cryptocurrency traders will now be able to register and trade securely at very competitive rates by visiting www.Hermesus.com.

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After three years of development, Hermesus is raising outside capital at a valuation of $ 50 million to help further develop its digital asset trading platform. After the Series A round closes, Hermesus plans to allocate an initial tranche of $ 2.5 million between development, marketing and operations to take the Hermesus exchange and the future NFT market to the next level.

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“We recently smoothly launched the Hermesus Exchange, opening it to new client trading accounts in July. This increase is intended to help us accelerate our development and bring it to a level that far exceeds what we would be able to achieve through organic growth, ”said Colin Breeze, CEO of Hermesus. “The closing of this first round of financing will now allow us to strengthen our sales, compliance, development and customer service teams. With new capital from our institutional investors, we will be well positioned to further enhance our platform while forging new strategic relationships and partnerships to offer a broader range of asset coverage and trading services, ”added Breeze. .

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“With the recent fundraising and private equity frenzy in the blockchain and crypto arena, and several new public offerings pending with new exchanges, First Level Capital is very excited to be the first with Hermesus and its management team, “said B. Michael Friedman, Managing Partner of First Level Capital. “We believe Hermesus is well positioned with its intellectual property, banking relationships and regulatory compliance to provide a superior trading relationship to both seasoned crypto traders as well as new investors looking for their first experience. as owners and traders of their digital assets of choice. “

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Recent case studies on the reliability of digital asset trading suggest a market opportunity for a compliant, secure, US-based offering.

In particular, Digital Asset Research (DAR), a leading provider of crypto market analysis, recently announced the release of its July 2021 Crypto Exchange Vetting and Asset Vetting results. DAR’s verification processes address an industry-wide need for reliable crypto data by applying institutional-level due diligence to digital asset markets in an environment where cryptocurrencies are traded on hundreds of dollars. lightly regulated or unregulated trade.

DAR evaluated over 450 exchanges to identify just 23 “verified exchanges”: B2BX, Binance.us, bitbank, Bitfinex, bitFlyer, BITFRONT, Bitso, Bitstamp, Bittrex, CEX.IO, Coinbase, Coincheck, CoinField, Gemini, GMO Coin Co., itBit, Kraken, Liquid, LMAX, Luno, Okcoin, VCC Exchange, and Zaif. Only a handful of verified exchanges operate in the United States.

Additionally, DAR has seventeen exchanges on its watchlist for potential future inclusion on the Verified Exchange List: BHEX (formerly HBTC), Bidesk, Binance, Bitcoin.com, BitOffer, CoinEx, CoinTiger, DCoin, FTX, BKEX, Gate.io, Huobi, LATOKEN, OceanEx, Phemex, Poloniex and ZB.com. Bitrue was recently removed from the DAR watchlist due to failure to adhere to quantitative diligence.

The Hermesus crypto asset trading platform has been designed from the ground up, leveraging state-of-the-art proprietary software and an intuitive user interface, specifically designed for compliance and digital asset protection. Hermesus offers a wide range of digital currency pairs, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), among others.

About Tier 1 Capital

First Level Capital is an active early stage venture capitalist with a primary focus on technology and blockchain-based start-ups. We invest globally in digital assets and equity in Seed to Series A stages. Most of our current portfolio are FinTech projects in Canada, Western Europe and the United States. Recent investments from member and partner companies include Instacart, Kraken and Klarna.

About Hermesus LLC

Hermesus LLC is a blockchain technology company with extensive experience in trading digital assets. After setting up several international exchanges, the company launched a professional, practical and innovative US-based digital asset financial services platform to grow up and down the value chain of the industry. blockchain and cryptocurrency industry. With the launch of the Hermesus.com digital currency exchange, the Company is looking to expand its lines of business such as custody, staking and its NFT marketplace, which together could account for 50% or more of future revenues of ‘Hermesus. For more information, please visit www.Hermusus.com.

Contact:

[email protected]

The Hermesus offering is available to investors accredited under Rule 506 (c) of Regulation D and non-US qualified investors under Regulation S under the Securities Act of 1933.

Under Rule 506 (c), general solicitation of tenders is permitted; however, buyers of a Rule 506 (c) offer must be “approved investors”. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such an offer or solicitation is not authorized and does not constitute an offer in any jurisdiction to any person in that such an offer would be illegal.

The securities have not been registered under the Securities Act or any state securities law and may not be offered or sold in the United States without registration or applicable exemption from registration requirements under applicable state securities law and securities laws.

Safe Harbor Declaration

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the US Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to ” limit, the development plans and business prospects of the company, which can be identified by terms such as “may”, “will”, “expects”, “anticipates”, “objectives”, “Potential”, “future”, “intention”, “plans,” “believes”, “estimates”, “continues”, “possible of” and other similar expressions. Such statements are not historical facts and are based on the Company’s current beliefs, plans and expectations, as well as current market and operating conditions. Forward-looking statements involve known or unknown inherent risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the control of the Company, which may cause results, performance and achievements to be made. actuals of the Company differ materially from those contained in any forward-looking statement. Further information regarding these and other risks, uncertainties or factors is included in the documents filed by the Company with the United States Securities and Exchange Commission. These forward-looking statements are made only as of the date indicated, and the Company assumes no obligation to update or revise the information contained in the forward-looking statements as a result of new information, future events or otherwise, except as required under the applicable provisions. right. There is no guarantee that the Company’s operation of its cryptocurrency exchange will improve the Company’s financial performance or operating results. Shareholders are cautioned not to place undue reliance on this press release or any forward-looking statements it contains.

SOURCE: Hermesus.com

See the source version on accesswire.com: https://www.accesswire.com/657739/New-Hermesuscom-Crypto-Exchange-Announces-Agreement-with-First-Level-Capital-and-Commencement-of-Series-A – Fundraising round

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