HONG KONG, March 30, 2017 /PRNewswire/ -- Hong Kong based commodities and digital assets trading house Octagon Strategy announced that it has formally commenced trading Ethereum digital assets on its OTC trading desk. ETH is a rising star in the digital assets space and has been subject to increased demand due to its sudden jump in popularity. The announcement marks the first time the asset has been available to buyers easily and simply in Hong Kong.
Speaking about the launch, Ryan Rabaglia, Head Trader at Octagon Strategy said, "This new offering further solidifies our position as Asia Pacific's leading digital asset trading desk. Since we formally launched in 2016, cryptocurrencies have grown at a breakneck pace. Whilst our largest traded asset remains bitcoin, we are observing buyers diversifying into other digital assets. Recent news coverage and high prices have driven interest in the wider digital assets sector. In the past year, total market cap for Ethereum has risen from $875 Million USD to over $4.5 Billion USD. Savvy buyers have been clamouring for access to the market and the challenge for interested parties has traditionally been the difficulty to enter. At Octagon Strategy we believe we have the solution to that."
The launch of the new digital asset provides Octagon Strategy greater opportunities to pursue. With customers across more than 20 countries with the majority based in the US, Asia and in Europe, Octagon has recorded stellar growth since its inception, with a 1100% increase in trade volume.
For further information on Octagon Strategy and digital assets, go to octfinancial.com
About Octagon Strategy
Octagon Strategy Limited is a privately-owned company specializing in commodity and digital asset trading across international markets. With a strong focus on digital assets like bitcoin, Dash, Ethereum, and over 25 years of combined experience in the financial industry, Octagon is one of Asia's oldest and most established digital assets and commodity trading desks.
Octagon is focused on generating absolute returns by trading its capital strategically. The core driver is to maximize opportunities by leveraging experience with state of the art proprietary technology and risk management capabilities. Octagon facilitates access to large scale acquisition and trading of an array of digital assets for institutions, wealth managers, mining consortiums, HNW's and Family Offices.
Press Office Amanda Tung/Liam Bussell [email protected] 18/F, CNT Tower 338 Hennessy Road, Wanchai, Hong Kong Phone: +852-2892-2686