Categories: FC

Ghost Trader DeFi Hedge Fund to Migrate to Ethereum Network for Enhanced Functionality and Growth Opportunities

London, United Kingdom, 6th Jan 2023, King NewsWireGhost Trader, a tokenized decentralized finance (DeFi) hedge fund, has announced that it will be migrating from the Binance Smart Chain network to the Ethereum network in January 2023. The initiative enables the company to focus on upgrades and improvements.

Ghost Trader is a tokenized decentralized finance (DeFi) hedge fund. In the latest progress, the company has announced plans to migrate from the Binance Smart Chain network to the Ethereum network. The move will take place in January 2023, enabling the team to focus on upgrades and improvements that will facilitate faster growth and success.

The migration will provide the team access to a broad palette of better tools to improve the functionality of smart contracts and infrastructure within the Ghost Trader ecosystem. In addition, the project will have native access to Ethereum and USDC stablecoin as part of the most robust altcoin ecosystem available on the blockchain. The Ethereum network, the oldest and most stable altcoin environment, offers a more extensive reach to more adopters and capital than all other current altcoin ecosystems. As a result, Ghost Trader hopes to benefit from organic growth opportunities, thanks to the trust and transparency of the Ethereum network.

As an essential component of the pending migration, Ghost Trader will also improve the functions of both the native GTR token and NFT (non-fungible token) smart contract functionality and upgradability. The team hopes to position the project to implement further anticipated upgrades by proactively moving to a more reliable chain. The Ghost Trader team has committed to providing comprehensive training and support documentation to ensure a smooth transition for its community.

The move works towards the motto “to bridge the divide” by combining traditional and modern decentralized financial tools to create a novel financial instrument for its contributors. Over the initial four-year period, the project aims to move from asset accumulation to revenue generation, transforming from a token-based utility to an NFT-based format.

Ghost Trader values transparency, fairness, confidence based on competence, and fundamental value over hype. The team sees the move to Ethereum as defining a new way forward in an industry that demands an innovative approach with modern applications. Ghost Trader is excited about this next phase in the project and looks forward to engaging with its community to support the move to Ethereum.

About the company – Ghost Trader

Ghost Trader is a decentralized finance (DeFi) hedge fund that aims to open the doors of hedge fund trading to a broader audience. The company has developed an ecosystem that allows ordinary contributors to interact with traders on the blockchain, eliminating the need for centralized corporations to act as intermediaries.

Potential holders can visit the following helpful links for further updates:

Website | Twitter | Telegram

Media Contact

Organization: Ghost Trader

Contact Person: Mark Hattersley

Email: Info@gtr.uk

Website: https://gtr.uk/

City: London

Country: United Kingdom

 

Release Id: 2128

The post Ghost Trader DeFi Hedge Fund to Migrate to Ethereum Network for Enhanced Functionality and Growth Opportunities appeared first on King Newswire.


Information contained on this page is provided by an independent third-party content provider. eTrendystock make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@etrendystock.com

KNW

Recent Posts

AgriFi Blockchain Farm: Where AI, IoT, and DeFi Grow the Future of Agriculture Finance

Where Farmland Meets Blockchain, and Data Drives Yield: A New Blueprint for Sustainable AgriTech and…

3 hours ago

Bitcoin Bulls Bet on Fed Rate Cuts to Ignite Next Rally

Bitcoin investors are watching the Federal Reserve closely as speculation grows that a rate cut…

13 hours ago

Al Marwan Developments Leads UAE Economic Diversification With District 11’s Cutting-Edge Commercial Smart City Infrastructure

Dubai, UAE, 14th September 2025, District 11, the visionary 3.5 billion AED smart work resort development by…

1 day ago

Sandford Blair Capital Poised to Capitalize on Oracle’s AI-Cloud Breakthrough

Oracle’s Fiscal Q1 2026: A Landmark Quarter Lier, Flanders, 12th September 2025, ZEX PR WIRE,…

3 days ago

Countdown to Forex Expo Dubai 2025 – Your Chance to Take Home the Jetour X70 FL

Just Weeks Away From the Middle East’s Leading Trading Event, Returning October 6–7 at Dubai…

3 days ago

Dogecoin Pops As First U.S. Memecoin ETF Eyes Friday Debut

Dogecoin (DOGE) extended weekly gains as traders positioned for the REX-Osprey Dogecoin ETF (ticker: DOJE),…

4 days ago