On Friday, December 28, 2018, 10:41:17 AM EST, Bill Heyn – trade.io [email protected] wrote:
Message From The CEO
I hope everyone is having a wonderful holiday season. As I pen this January edition of my CEO letter, I am finishing up my first 30 days as CEO, and what a month it has been. I am proud to relate some of the big steps that we have taken since I last wrote. The fantastic team at trade.io has been hard at work and, among other things, has completed the following:
Deployment of a revamped Home Page
Multiple enhancements to the exchange, along with the introduction of new tokens including Stellar & DAI
trade.io & TIOx have been listed on CoinMarketCap
Introduction of mobile friendly browsers
Release of our institutional level API
AMAs from our incredible CTO Marcin Zduniak and yours truly
Live Moderated Chat on the exchange
FX & CFD trading via our sister company, TIO Markets
Soft Launch of our NEST co-working office space in Malaysia
A pretty stout list of accomplishments, if I do say so myself. The best news is that we are not done, not by a long shot. The first quarter of 2019 will be a busy one for us here at trade.io, with the following items on our “to do” list (among others):
Implementing dozens more tokens and chains, including XRP, NEO, EOS and stable coins
Adding at least one European regulation
Integrating fiat payments for the exchange
Standalone sites for TIO Markets for Saint Vincent & FCA entities
Various enhancements to the exchange, including innovative products
In addition to the above, I will be continuing to take a hard look at all of our departments and the state of the crypto industry with the goal of finalizing a report for our board of directors to deliver in the first part of January. Despite the increases in volume we have seen on the Exchange and the small year-end bump in crypto across the board, there is much to be done with regards to delivering for our TIOnauts. Even in light of our hard work and progress, I see significant room for improvement. There is a lot to be done yet, including ramping up our marketing efforts now that the Exchange is performing more in line with expectation and rationalizing our ongoing businesses, including some potential cost cutting and reallocation efforts. Lastly, we’ve started leveraging our contacts in the institutional space to bring more liquidity and volume to the Exchange. All of this with a single minded goal, more business means more revenue, lower costs mean more profit, more profit means larger LP distributions and a higher price for TIOx – that is our goal.
With that we will leave you for now and get back to work and wish you all a happy and prosperous 2019.
Trade.io Technologies Limited 05/F, Eaton Club, Champion Tower, 3 Garden Road Central Hong Kong Central District
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