FinTech holding company, Xalles to acquire Vigor Crypto Holdings

Xalles, a FinTech holding company has announced that it has acquired Vigor Crypto Holdings.

Vigor Crypto Holdings is a boutique cryptocurrency firm working to enhance its cryptocurrency trading strategies using the trading engines or bots and has achieved various successes in the past couple of years.

Xalles Holdings Chief Executive Officer, Thomas Nash, said, "The acquisition of Vigor Crypto Holdings enables Xalles to gain instant trading access including Bitcoin and Chainlink cryptocurrencies. We are so pleased with the trading results Vigor Crypto has achieved that we expect to increase company revenue and profit by licensing our IP with potential customers by demonstrating our in-house results."

The firm as of now has LINK-USD and BTC-USD trading pairs that have generated profitable transactions on day to day basis.

Vigor and Xalles have been working for the past 6 months, for developing proven trading strategies in a test environment with a wide range of cryptocurrency pairs. 

With the help of an acquisition deal, Xalles plans to use the Vigor Crypto strategies and results to assist in licensing opportunities of the intellectual property. Moreover, the deal also offers Xalles access to crypto-assets, institutional, and trading access to license trading strategies.