Business
Fernhill Corp is Pleased to Announce the Acquisition of MainBloq, an Institutional Digital Asset Trading Platform and New Additions to its Board of Directors
Fernhill Corp is Pleased to Announce the Acquisition of MainBloq, an Institutional Digital Asset Trading Platform and New Additions to its Board of Directors.
About this update from Fernhill Corp.
[{"type":"text","content":"LAS VEGAS, NV / ACCESSWIRE / November 15, 2021 / Fernhill Corp (OTC PINK:FERN) is pleased to announce that it has completed its acquisition of MainBloq, a groundbreaking digital asset trading platform serving both banks and hedge funds. MainBloq's software platform, API and services deliver automated algorithmic trading, smart order routing, and customized trading solutions that optimize digital asset trading operations with connectivity to over 30 of the top crypto exchanges globally. MainBloq's platform bridges the gap for digital asset trading and provides institutional capabilities similar to more traditional fx, derivative, and equities trading platforms."We could not be more excited about this acquisition," said Marc Lasky CEO of Fernhill. "As we searched for an acquisition target, MainBloq met and exceeded all of the criteria we had put in place. Not only is MainBloq an exceptional product, with a world class management team, but their state-of-the-art proprietary technology fits perfectly with our short term and long-term goals of becoming a leader in the blockchain and digital asset industry. In addition, the synergies are very compelling when combining MainBloq with our Crypto Mining OS, PerfectMine. This truly enables Fernhill to become a one stop shop for all things crypto, from mining to trading and beyond."With the MainBloq acquisition in place, Fernhill plans on developing a larger digital asset mining and trading ecosystem that combines the capabilities and resources to simplify, optimize and automate the ability for people and businesses globally to participate in the crypto industry.Fernhill is proud to announce that the acquisition of MainBloq also comes with the addition of three new members to the Company's Board of Directors, Chris Kern, Peter Bordes, and Ryan Kuiken.Chris Kern, Fernhill's strategic advisor and investor, is a 25+ year technology finance and M&A specialist that has been involved in several high-tech companies as an investment banker, senior executive, board member, investor and advisor where he completed over $650 million in transactions. Over the past 20 years, Chris has worked with a wide variety of financial service firms and investment banks such as Fisher Francis Trees and Watts, Lehman Brothers, Maximum Venture, Gunn Allen and New Century Capital Partners. Chris...