Gallant Exchange Appoints Simon Grunfeld as CEO. Launches Sports Based Crypto Exchange.
Gallant Exchange, a retail trading platform listing many sports-based cryptos, has appointed Simon Grunfeld as its new chief executive officer. As updated on his Linkedin profile, Grunfeld took charge of the exchange at the beginning of this month.
He has been promoted to the apex position of the exchange from the role of principal at Gallant Partners, the company developing many blockchain and crypto products. To head the exchange, Grunfeld left his position of strategic partnerships position at Apifiny after spending over a year there. Finance Magnates last year covered his joining of blockchain conglomerate Daoller Group. Grunfeld also founded the cryptocurrency solutions provider Ibinex which he later sold to a family office in Israel. He was also associated with NetSmart Technologies for over three years and co-founded Gallant Capital Markets, a Sass/PaaS FX solutions provider.
“I started my career in IT and then pursued projects in the FX industry, which lead me to become a registered CTA (2006), to then form the broker Gallant FX and then co-founded and headed up the product development of Gallant VPS and Gallant Capital Markets (GCMFX),”
Tapping the lucrative sports industry with crypto.
Gallant Exchange focuses on bringing sports based tokens by attracting sports fans in the retail trading market. Athlete Coins, as termed by the exchange, also offer fans to engage in fan experiences and memorabilia prizes related to the underlying athlete.
It also offers trading facilities with four top digital currencies - Bitcoin, Ethereum, Litecoin, and Ripple - with global liquidity.
The exchange is also exploring to offer security tokens backed by athletes, allowing direct investments by fans.
Meanwhile, Gallant Exchange recently joined the Blockchain Association, which, per the exchange, will ensure its compliance with the highest industry standards.
About: Our team has been busy developing the Gallant Exchange and today we launch the fruits of that labor. The Gallant Exchange is comprised of 3 key components: Player Contract Investment, Player Exchange, and Athlete Marketplace.
Player Contract Investment will allow users to invest in tokens tied to real-world player contracts; player contract investment will only be available to accredited investors currently, however we’re exploring regulatory options to provide these investment opportunities to every user over time.
On the Player Exchange, users can buy, sell, and trade athletes of their favorite athletes for use on the Gallant platform with games, contests, competitions, the Athlete Marketplace and more. Currently, shares can be redeemed for all of the above, but not monetary payment.
Finally, on to the Athlete Marketplace: The Athlete Marketplace provides users and Athletes alike direct access to one another. Users can redeem shares or pay for real-world athlete collectibles and experiences: signed basketballs, Game 1 sneakers, court-side tickets, a meet-and-greet with the players… the list goes on and on. Users that take part in Player Contract Investment will be eligible for higher levels of the Athlete Marketplace.
Gallant Exchange is providing a tiered system for users. Our user experience is gamified into Bronze, Silver, Gold, and Platinum, with engagement opportunities tiered to each level. For information on how the tiered system works, sign-up for our email list and stay up to date on all news and announcements.
Company URL https://gallant.exchange/
