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Press Release

Stratis’ innovative blockchain solutions have attracted the attention of digital asset investment fund Alphabit, which has injected an initial investment while committing to a further 8 figure investment over the next 24 months for growth and development of the BaaS ecosystem.

Feb. 1, 2020, London, United Kingdom — Blockchain-as-a-Service provider Stratis makes decentralized adoption easier for any firm with its innovative products designed to fit seamlessly with legacy operations by allowing companies access to the Stratis blockchain via the widely-used C# programming language. The platform smoothly runs smart contracts and multiple sidechains and houses a full-scale ICO platform.

Alphabit — a billion-dollar AUM fund and one of the world’s first regulated digital asset investment funds focused on delivering turn-key solutions and assisting projects with end-to-end partnerships — enters into this venture to rapidly scale Stratis’ development and help deploy cutting edge products that allow mainstream organizations to use blockchain in their day-to-day operations. Such a significant commitment by Alphabit is a testament to the groundbreaking approach of Stratis’ offerings. 

Alphabit CEO Liam Robertson commented on the partnership: 

“Stratis Protocol, after analysis, fits neatly into our investment thesis, and we believe the potential for growth for Stratis to be exponential. We are delighted to welcome Stratis into our portfolio and look forward to supporting them over the coming months and years.”

Stratis CEO Chris Trew said the following: 

“We are thrilled to partner with Alphabit, one of the world’s first regulated digital asset investment funds. Alphabit’s initial injection, in conjunction with their further investment commitment, will unquestionably assist in accelerating the adoption of Stratis Technologies, while cementing Stratis as the go-to platform for Microsoft .NET Blockchain development.”

With the expertise and backing of Alphabit, Stratis will be empowered to develop ever-better solutions for the business-to-business market. Coupled with its C# support, Stratis’ solutions will increase the onboarding of blockchain solutions in the global market.

About Stratis

Stratis offers unprecedented levels of security, reliability and performance through leveraging blockchain technology. As the first of its kind, the platform’s native C# ecosystem enables firms all over the world to use their existing IT infrastructure and tools to adopt the technology by providing access to the features of Stratis’ blockchain in a language that is familiar to the everyday developer.

  • Stratis identity: a decentralized KYC and AML check to make it easier for businesses to verify client identities and comply with regulations.
  • Supply trust: a turnkey solution for supply chain management, providing full visibility in a trustless and decentralized environment.
  • STO platform: regulation-compliant digital securities for businesses launching security token offerings.
  • Stratis smart contracts: secure and auditable digital contracts that are developed in the industry-standard Microsoft C# language, fit for the age of decentralized finance.

About Alphabit

Alphabit specializes in investments in blockchain and distributed ledger technology projects. It offers a wide range of advisory services and acts as the investment advisor to the Alphabit Fund — one of the world’s first regulated digital asset investment funds. 

The company’s goal is to share its expertise with promising projects and advance the cryptocurrency movement as a whole, and to date, Alphabit has successfully brought to market projects such as Metal Pay, The Sun Exchange and Suterusu.

To find out more about how Stratis is bringing the next generation of blockchain to businesses, visit its website; and to see how Alphabit is empowering blockchain businesses to reach new heights, visit its website.

Follow Stratis on Twitter — https://twitter.com/stratisplatform 

Join the Stratis Developer Academy — https://academy.stratisplatform.com/ 

Check out Stratis on GitHub — https://github.com/stratisproject 

Read the latest Stratis news — https://www.stratisplatform.com/news/ 

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Stratis Group LTD is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.

This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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