Mode announces multi-token soft launch

RNS Number : 9013A

Mode Global Holdings PLC

28 September 2022

 

Mode announces multi-token trading soft launch and full rollout in October

28th September 2022: Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, has today announced the soft launch of its multi-token trading capability. The first of the additional tokens to be rolled out will be Ether, which will be made available to selected users before the official launch in October.

This early release, available exclusively for Mode Lab members, will allow them to purchase the token ahead of the official launch in October, where Ether will be the first addition of up to ten new tokens. Loyal Mode users will be invited to join Mode Labs in the coming days, a community of users supporting Mode in future product development and innovation.

Rita Liu, CEO of Mode commented: "Mode's success has been spurred on by advocates, who have helped us grow our offering to what we have today. Therefore, we're keen to say thank you to those supporters by offering the opportunity to buy Ether on the platform, before the wider rollout."

"Mode is going through a period of growth and change, we've made great progress on our Bitcoin Cashback product in the past few months, with a fast-growing brand pool and user base. Looking ahead, the multi-token functionality is the first of many exciting developments planned . Ether is the perfect token to catalyse this change, having just completed its Merge. We hope users will take the opportunity to explore other cryptos, helping them to diversify their holdings and gently increasing their exposure via a safe and trusted platform."

Today's launch plan kicks off the addition of up to ten new tokens. The new tokens will be added in a phased rollout.

For more information, or to speak with Mode about the opportunity further, please get in touch with [e-mail]

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Press contacts:

Chris Tuite, MRM

[phone]

[e-mail] 

Notes to Editors

About Mode :

Mode's vision is to be the most trusted crypto company, enabling our customers to discover, own, and utilise digital assets. As an EMI licence holder, and a FCA registered crypto asset business, Mode is leveraging the power of crypto and Open Banking to deliver on this mission and offer customers in the UK a one-stop app to shop, earn and grow their crypto, all in one place. For businesses, Mode provides a cheaper, safer and smarter alternative to card payments that rewards shoppers with crypto. 

To learn more, visit our customer/business site at www.modeapp.com or our investor site at www.modeplc.com.

 

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