Russian startup Zeus helps Venezuela issue first cryptocurrency - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russian startup Zeus helps Venezuela issue first cryptocurrency

MOSCOW, Feb 27 (PRIME) -- Russian startup Zeus has helped Venezuela to issue the Petro cryptocurrency and become the first country in the world whose payment unit is backed with oil, Alexander Ruchyov, a startup investor and president of group of companies Osnova, told reporters on Tuesday.

УCcryptocurrency issuance implies the creation of a bourse, an ecosystem. (Zeus) helped create this ecosystem,Ф Ruchyov said.

У(The startup) passed platform Smart Valley, and we invested in it, and it actively develops now on the world stage.Ф

Venezuela issued the Petro on February 20. Present Nicolas Maduro estimated preliminary sales at U.S.$735 million, saying that investor interest from Columbia, Brazil, Japan, China and Spain amounted to over $1 billion. Maduro promised to issue a gold-backed currency, gold Petro, this week.

Zeus is an online bourse, which trades shares of the worldТs biggest companies for cryptocurrencies. It is connected to the classic U.S. exchanges under a contract with a brokerage.

End

27.02.2018 12:58
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.0503 +0.2030 17 oct
USD 64.3455 +0.0907 17 oct
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1347.43 +1.23 18:50 16 oct
micex 2744.35 +1.07 18:50 16 oct
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 225.90 -0.04 11:35 16 oct
lkoh 5605.50 +0.07 11:35 16 oct
rosn 413.05 +0.34 11:35 16 oct
sber 229.58 +0.08 11:35 16 oct
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.9000 +0.0600 14:59 16 oct
USDTD 64.2500 +0.1400 17:44 16 oct