COBINHOOD, the cryptocurrency service platform with zero-fee exchange today announced its partnership with financial solutions upstart, Zeux, to support and advise the launch of the company’s initial coin offering (ICO). The Zeux’s token, ZeuxCoin (ZUC), will use its smart contract to ensure all remaining tokens unsold at the end of the ICO will be “burned” to protect contributors’ funds from dilution. The project has set a hard cap distribution of 50,000 ETH during this phase, and all funds received from the ICO will be used for the development of the Zeux Project.

Financial services play a critical role in everyday life and business activities. With the progress of technology development, there is a growing demand for mobile payments and access to investment products. Zeux’s mission is to transform existing financial services by making complex, expensive and burdensome financial management processes simple, convenient and affordable for the customer, thus making the best services accessible to everyone.

Zeux is an FCA regulated entity which has soft-launched its product and will officially launch its operations in the EU in 2019. It has the ambition to roll out services to the rest of the world in 2020.

By combining blockchain technology, biometrics and artificial intelligence, and by bringing the fiat and crypto worlds together, Zeux provides an integrated solution that offers multiple functions for financial services, including: secure mobile payment for both fiat and crypto, decentralized money transfer, access to multiple bank accounts, access to multiple traditional and crypto investment products, a secure personal data vault and a KYC concierge for hassle-free account opening.

On the Zeux platform, customers can easily manage all their financial portfolios. All transactions will be performed in a highly secure environment that meets the highest standards and uses the most advanced cyber system security protocols. Zeux is a single-entry investment platform that combines the best of traditional investment options with a wide array of crypto investment opportunities. On top of that, the Zeux platform will reward those that hold their ZeuxCoin token, offering benefits such as discounted investment fees and reduced FX transfer fees.

ICO tokens supported by COBINHOOD can be traded on the COBINHOOD zero-fee exchange after ICO, which prevents low liquidity. Zeux’s token private sale just started, with an anticipated launch of usable prepaid cards with partnering tokens expected in Q3 of 2018.