Alphacat — the world’s first ecosystem focusing on the blockchain and digital asset application market, has a new member. Alphacat is proud to announce that it has recently entered into in-depth, strategic cooperation with FormulA, (which aims to build a reliable Internet of Asset), and will release R&D results in the field of Asset Digitalization in the ACAT Store.

Alphacat CEO Dr. Bin Li explained that the “ACAT Store is based on the Alphacat ecosystem and consists of AI financial applications and services, open to all investors.” Developers can publish their own applications on the ACAT Store, or use the tools provided by Alphacat to help them in developing and publishing on the ACAT Store. While users can learn about cryptocurrencies and other relevant information in real time on the ACAT Store, reducing the entry barrier to investment products.

FormulA (FML), which has entered into strategic cooperation with Alphacat, is committed to building a credible asset value exchange network IoA (Internet of Asset), where real assets can be trusted and safely registered and circulated, and the bridge between real assets and digital assets can be opened to let real assets be digitalized and enhanced to achieve asset digitalization.

FML’s core team members have rich experiences and resources in many financial asset transactions such as: shares, bonds, futures and derivatives, ABS and much more. Take equity assets for example, over the past two years FormuIA team members have processed over 50 top companies’ private equity finances, transferring old shares and other funds that amount to billions of RMB. So far, the reserves of project assets of FormuIA’s core team has exceeded 200, with a total value of more than 30 billion RMB.

According to David Brown, the global partner of the FML Foundation, the core of this deep, strategic cooperation are the three product lines of the Alphacat team — patented artificial intelligence technology, the ACAT database, and the ACAT engine. Mr. Brown stated that Alphacat is “the most advanced A.I. robo-advisor marketplace, having the ability to provide a complete ecosystem based on digital asset financial applications and services, and further upgrading and innovating the fintech industry. Its biggest advantage is that it can provide decision-making basis for all levels of investors, and it can be used by large financial institutions or ordinary users. Launching on the ACAT Store is just the first step in our cooperation.”

The Alphacat team promises that more and more blockchain applications that have passed strict screening will be launched on the ACAT Store. “We believe that the ACAT Store is a great way for blockchain projects to reach more investors and can help achieve effective communication between investors and app developers.”

Dr. Bin Li further added that there is no doubt that this cooperation with FormulA will enable both parties to work together and provide users with the best digital asset services.