“Roughly one year ago, in June 2016, we launched the Lykke Wallet app and the Lykke Exchange,” said Lykke founder and CEO Richard Olsen. “Since then, we’ve introduced a steady stream of innovations to serve our growing community of users, even as we’ve reached some important company milestones.”
These milestones include a successful ICO in September 2016, the unveiling of the Lykke Streams crowdsourcing initiative in November 2016, the addition of SolarCoin and Time coin trading in December 2016, the implementation of offchain settlement in May 2017, and integration with Ethereum in June 2017, while achieving 30 percent growth in the user base month over month.
“As of June 1, 2017, our unique trading platform hosted more than 11,000 registered accounts, with users from 135 countries and combined trades exceeding 70 million dollars,” said Olsen. “It’s been a tremendous journey, and we’re just getting started.”
The report offers a preview of Lykke’s future, including margin trading and limit order functionality on the Lykke Exchange, an increased focus on natural capital markets, and further expansion into key global markets, including the United States.
Shortly afterward, the first annual Coinholder meeting was livestreamed on YouTube to give Lykke users the chance to ask questions directly of the senior leadership team.
The annual business report can be downloaded from the Lykke website.
Lykke is changing the world by building a secure global marketplace for the exchange of all financial assets. Founded by Richard Olsen of OANDA.com, and encouraging participation from all users, the Lykke Exchange intends to level the financial playing field through direct ownership of assets and immediate settlement of trades.