Digital currency issued by thriving payments fintech now available on leading global exchange
SAN FRANCISCO—Bittrex Global has listed SHx, the Stellar-based token from the fintech company Stronghold, on its digital currency exchange.
Stronghold, a payments infrastructure company, first issued SHx in 2018 and uses the token in building virtual payment networks that bridge financial systems and adapt to specific market needs. SHx’s innovative token design underpins Stronghold’s financial services and empowers the company to provide real time settlement, fee discounts, rewards, decentralized finance, and governance to its business customers.
More than 100 businesses use SHx daily, and it has more than 15,000 holders worldwide. At the time of publication, its market cap was more than $1.5 billion.
Bittrex Global, widely considered among the top global digital currency exchanges, has a history of listing the rising stars that are advancing developments in the digital currency ecosystem.
A surge of recent interest in SHx follows Stronghold’s momentum in expanding access to modern payments technology—with a fivefold increase of merchants integrating into the StrongholdNET ecosystem over the past year.
The Stellar-based token enables transactions that can settle within seconds and at lower retail transaction costs. Stronghold also recently launched an SHx-funded rewards program for its merchant and technology partners.
“We’re excited to reach a new audience of digital currency advocates. SHx has been an essential building block for the financial infrastructure we’re creating. The Bittrex listing not only increases the liquidity of the token, it also broadens the reach of the StrongholdNET ecosystem,” said Stronghold CEO and co-founder Tammy Camp.
Watch Stonghold CEO and co-founder Tammy Camp announce the Bittrex Global+ SHx listing:
SHx will be available for purchase by Bittrex Global customers at 8 a.m. PST on Tuesday, November 9, 2021. More information about SHx can be found on CoinMarketCap or on the Stronghold website.
For more information, contact:
Rachel Pipan, [email protected]
Stronghold is a leading financial infrastructure company that provides fast, secure, and accessible financial services through a simple API. Stronghold works with businesses to make payments quicker and easier while maintaining regulatory compliance and interoperability between payment systems. Stronghold launched the highly successful digital currency SHx in 2018 to provide real time settlement, discount in fees for business customers, rewards, and merchant cash advances. SHx currently has a market capitalization of more than $1.5 billion. To learn more, visit stronghold.co.
About Bittrex Global
Bittrex Global, the most secure digital asset exchange in the world, serves both retail and institutional clients, globally. Committed to helping users build wealth, Bittrex Global facilitates the purchase and trade of over 250 tokens. Through its use of cutting-edge technology, advanced security protocols, and a sophisticated elastic multi-stage wallet strategy, the company provides a high-level experience for professional and novice customers alike. Bittrex Global is a key player in driving widespread adoption of secure and decentralized methods to building wealth while remaining compliant and adhering to the wide array of regulatory measures across the globe. Learn more: https://global.bittrex.com/