116th Report of Molecular Future
Hello, friends and supporters of Molecular Future:
It’s the 116th issue of Molecular Future Weekly! The project is carrying on tests in many ways, including website and mobile. The updated content in APP and website will be released soon! In this weekly issue, we will present you the hotpot information.
Best Fund this week
XBTING Foundation ETF Fund (USDT)
Initial net worth (February 19th, 2019) 1
Latest net worth (15th March, 2020) 1.5464
Total increase +54.6%
Tech Development
SDK and Fund manager adapt
Currency mortgage sector lending test optimization
Core technology R&D for Molecular trading system-MT5
Molecular Fission database document writing
Industry Information
Revolut announced to provide users with bitcoin trading services in advance
Revolut is an online financial platform in the UK that provides traditional banking services and cryptocurrency transactions. Because of its convenient registration, currency exchange and offline withdrawals, there are no handling fees and other features, which are rapidly gaining popularity worldwide. In February this year, Revolut announced the completion of a new round of financing of US $ 500 million, with a valuation of US $ 5.5 billion.
British digital bank Revolut has expanded its cryptocurrency products to all its users to replace government-backed fiat currencies. As governments around the world launched stimulus plans, including the printing of new currencies (called quantitative easing), Revolut believes that Bitcoin provides another option because it has a fixed supply.
The largest US $ 2 trillion fiscal stimulus plan in history
On March 27, the United States issued a fiscal stimulus plan totaling about US $ 2 trillion to prevent the US economy from falling into a deep recession under the impact of the new coronary pneumonia epidemic. This is the largest fiscal stimulus plan in the history of the United States, and its size is equivalent to about 10% of the US GDP. This figure is also far more than the more than 700 billion US dollars stimulus plan launched by the United States during the 2008 international financial crisis.
APP Data Overview
Product introduction
Molecular Future is jointly invested by Molecular Group, Eagle Fund, Hong Kong Capital Fund, XBTING Foundation, HCASH Foundation, and Bank of China Capital. The platform uses stable and secure blockchain technology and connects with the world’s top financial quantification teams to provide users with efficient and convenient financial services.
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