Danish bitcoin exchange CCEDK will be closed just to reopen soon as an “investment knowledge hub” for the cryptocurrency association known as Decentralized Conglomerate and an OpenLedger gateway.

CCEDK CEO Ronny Boesing states that to attract and retain customers, an exchange nowadays has to provide a wider array services than before: “liquidity, leverage, wallet services, trading tools and, more and more, a combination of such facilities.”

Starting from 1 July 2016, the ex-CCEDK (which will now be known as Crypto Coins Enterprise Denmark) will start operating as an “ecosystem engine” providing customers with crowdfunding and escrow facilities, as well as an OpenLedger fiat gateway and an educational centre aimed at promoting “mass adoption” of the blockchain technology.

“We plan to use our expertise to facilitate new businesses raising money and getting up and running, as well as being the fiat gateway for OpenLedger, which similarly allows us to offer vital knowledge and feedback, enabling developers to better serve end users… Giving the crowd a direct involvement in bringing projects to fruition is a great way to let the market decide what it wants and needs,” Ronny Boesing says.

During the relaunch period withdrawals from CCDEK still be possible upon request, so current users will hopefully be unaffected.

The architects of the upgrade describe Crypto Coins Enterprise Denmark as “an investment knowledge hub” for the Decentralized Conglomerate which unites OpenLedger, Obits, BitTeaser and a few other blockchain-based projects. Decentralised conglomerates are believed to become a brand new form of partnership, allowing numerous companies from all over the world join their efforts and “invest in each other’s success,” executing what is called “cross-promotion”.

Besides, CCEDK plans to sell Initial Coin Offering (ICO) packages to businesses seeking to raise funds. The packages will include creation of proprietary tokens, BitTeaser advertisements and OBITS Bloggers’ services.

CCEDK is a Danish bitcoin exchange which has released its own cryptocurrency debit card NanoCard and partnered MUSE platform to “monetise music” back in 2015.

Maria Rudina