TiENPAY Limited is a financial technology firm that offers a global digital mobile wallet, clearance and settlement platform, which has launched its T8Coin ICO. The ICO will fund the company’s development of a blockchain-based royalty disbursement platform. In concert, TiENPAY is launching a fully licensed digital currency exchange in Hong Kong, in partnership with Chinese financial firm Baixin Financial Group Ltd. The exchange will allow the trading and conversion of four pairs of cryptocurrencies and fiat currencies, including Bitcoin/US dollar, Bitcoin/Australian Dollar, Bitcoin/CNY, and Bitcoin/Hong Kong dollar.
William Tien, founder and CEO of TiENPAY, stated: “I’m excited to announce that TiENPAY’s ICO has so far received strong investor enthusiasm, because our T8Coins are to fund a smart contract-based media and loyalty disbursement project that is expected to return handsomely for our token holders. In addition, the launch of the Hong Kong digital currency exchange pushes us one step forward in realizing our mission of creating a global and ubiquitous omni-channel financial platform offering hassle-free access to digital goods and services.”