Swarm a non-profit providing open infrastructure for digital securities, has announced its integration with Mercury FX, a trusted global currency specialist. Through this integration, investors who are using Swarm’s platform can now commit funds using over 30 fiat currencies, including USD, EUR, CHF and GBP.
Philipp Pieper, CEO and Co-Founder of Swarm said “It’s become obvious that familiarity and trust are key to investors in order to create adoption for digital securities. Fiat gateways create that reliable and convenient entry point, so that people can now commit their fiat currencies against the investment opportunities on Swarm,”
“The team at Mercury FX brings the experience, scale, and global reach to make this happen for investors.” Pieper added.
Mercury FX established in 2007 is a trusted global currency specialist and aims to provide a faster, transparent solution for secure foreign exchange (FX). With their offices in London, Hong Kong, and Cape Town, they have steadily grown to be a leading player in the space. In addition, Mercury FX became one of the first payment providers with access to Ripple’s new xRapid cross-border payment solution.
Alastair Constance, Founder of Mercury FX commented “We are thrilled to be working with Swarm, and to bring this innovative solution to so many investors,”
“Swarm’s open technology is a perfect compliment to Mercury FX, and they share our mission of constantly finding better ways to safely connect people and their money.” added Constance.
The Swarm fiat gateway is now live , having debuted earlier this week with the launch of The Art Token (TAT), the newest security token on Swarm. Mercury FX and Swarm plan to expand to support even more fiat currencies, and to do so across the tokens on Swarm’s marketplace.