Lykke is a fintech company, Lykke Vanuatu Ltd, designed for trading various classes of digital assets. It is an exchange of colored coins (issuer backed securities) where orders are collected and then matched to clients’ requests. The colored coins are built on the Bitcoin system. The matched orders are all cleared on the Bitcoin network while the unfulfilled ones are discarded. Note that the exchange does not own the traded coins; however, the traders need to trust it to make the right matches. Therefore, by assuming a basic level of trust in the trader means providing some collateral in the form of digital assets. The network employs the blockchain technology to help eliminate market inefficiencies that come with conventional exchanges.

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Coin’s Details

  • Market Capitalization

    $3.7 M

  • Volume 24H

    $0.0

  • Blockchain

  • Circulating supply

    316 809 739

  • Total supply

    1 285 690 000

  • Proof type

  • Algorithm

  • Team Location

  • First announced

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