Axen Capital, a Mexican technology company, launched the new cryptocurrency of that country, AxenCoin, with the promise of being a financial instrument with yields that can be monitored in real time through the axencoin.finance platform, from anywhere in the world.

Currently, the AxenCoin cryptocurrency is available as an investment instrument. However, the objective is to popularize its use so that people can purchase goods and services in different shopping centers and department stores.

According to what was expressed by the founder and CEO of Axen Capital, Dante Eludier, during the presentation of the cryptocurrency, users will be able to “spend Axen Coins in department stores, food, but it will also serve as a means of exchange; if you want to buy Bitcoins or Ethereum you can do it with AxenCoin.”

AxenCoin interest in the crypto market

The company spent two years working on the development of the cryptocurrency and according to Eludier they have a “database of more than 2,700 clients interested in cryptocurrency”, which has “a reserve of 3.2 billion units.”

At the time of its launch, the price established for its listing was 10 dollars per unit, although the currency increased its value very quickly, reaching “371.64 dollars per unit, a price at which it has remained.”

The company hopes that the new cryptocurrency occupies an important place in the cryptographic system and becomes one of the most used in Mexico and throughout Latin America. To achieve the objective, it is implementing the necessary technology, as well as the installation of ATMs in each of the 11 offices it has in the country, so that people can access their money.

M. Rodríguez

Source: entrepreneur.com

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