Bitfinex to List DOP, Native Token of Data Ownership Protocol (DOP)

Bitfinex,
a
leading
digital
asset
trading
platform,
has
announced
that
it
will
be
among
the
first
exchanges
to
list
DOP,
the
native
token
of
Data
Ownership
Protocol
(DOP).
According
to
a

media
release
from
Bitfinex,
the
Data
Ownership
Protocol
is
a
decentralized
platform
designed
to
give
users
complete
control
over
their
digital
assets
and
transaction
data
through
advanced
zero-knowledge
proofs.

Innovative
Features
of
Data
Ownership
Protocol

The
Data
Ownership
Protocol
utilizes
zero-knowledge
proofs
to
enhance
transparency
and
security
within
the
Ethereum
Layer
1
framework.
This
advanced
protocol
allows
for
robust
asset
storage
and
transaction
data
management,
providing
users
and
decentralized
applications
(DApps)
with
capabilities
for
selective
disclosure
of
token
holdings
and
transaction
histories.

Built
with
features
such
as
off-chain
architecture
and
custom
blockchain
networks,
the
DOP
platform
aims
to
optimize
performance,
scalability,
and
interoperability.
The
DOP
token
itself
offers
utilities
including
transaction
fee
payments
and
governance
voting
rights.

Bitfinex’s
Commitment
to
Innovation

Henry
Child,
Head
of
Tokens
at
Bitfinex,
stated,
“Listing
DOP
on
Bitfinex
aligns
with
our
commitment
to
providing
our
customers
with
access
to
innovative
digital
assets
from
day
one.
We
are
pleased
to
offer
our
customers
the
opportunity
to
trade
DOP
on
our
platform.”

Deposits
for
DOP
are
expected
to
open
at
approximately
12:00
PM
UTC
on
4th
July
2024,
subject
to
network
conditions.
Trading
is
planned
to
commence
at
approximately
10:00
AM
UTC
on
5th
July
2024,
contingent
on
liquidity
requirements
being
met.
This
ensures
that
Bitfinex
users
are
among
the
first
to
trade
this
innovative
token.

About
Bitfinex

Founded
in
2012,
Bitfinex
is
a
digital
token
trading
platform
offering
state-of-the-art
services
for
traders
and
global
liquidity
providers.
The
platform
provides
advanced
trading
features,
charting
tools,
peer-to-peer
financing,
an
OTC
market,
and
margin
trading
for
a
wide
selection
of
digital
tokens.
Bitfinex
focuses
on
providing
unparalleled
support,
tools,
and
innovation
for
experienced
traders
and
liquidity
providers
worldwide.

For
more
information,
visit

Bitfinex.

Image
source:
Shutterstock