Roger Ver and Mate Tokay from Bitcoin.com Join a New Fintech Startup Advisory Board

Bitcoin.com's CEO Roger Ver and COO Mate Tokay have become advisors to a fintech startup MoneyToken, as reported in MoneyToken's announcement.

The partnership between MoneyToken and Bitcoin.com may bring new benefits to the Bitcoin Cash community, as BCH will be available as accepted collateral on the MoneyToken lending platform, says the joint press release.

As reported in the MoneyToken announcement, Mate Tokay has been involved in the cryptocurrency business as a miner since 2013.

MoneyToken is a cryptocurrency-backed lending platform that provides loans to cryptocurrency holders.

"MoneyToken is a bright example of the real use of blockchain technology, as well as offering a massive boost for crypto market liquidity for all market players, and especially for businesses," Roger Ver said at the press release on the partnership with MoneyToken.

With leading Bitcoin.com executives on the board of advisors, MoneyToken faces new opportunities.

"Now Bitcoin Cash holders can enjoy the benefits that MoneyToken offers - leveraging their assets and spending cash, while continuing to hold their crypto positions", says the announcement.

"The Bitcoin Cash community is a unique and powerful force in cryptocurrency. Adding our support to Bitcoin Cash and allowing our potential token buyers and future lenders and borrowers to operate in BCH, only adds to our portfolio and strengthens the value of MoneyToken as a product for all our users." Commented Jerome MacGillivray, Co-Founder of MoneyToken.

The MoneyToken platform, aimed at miners, projects that made their token sales, traders, investors and exchanges, will allow holders of crypto assets to gain access to loan-based financial services, using cryptocurrency as collateral.

Any user may deposit his Bitcoins, Ethers or other coins at MoneyToken and in return receive the a loan that may be spent on investments in US dollars or cryptocurrencies.