tiktiK sponsors Formula 1 team Voya, which has announced it will invest $25m in the company, and has announced the creation of the tiktal tokens.
Tiktak has raised around $3bn since the ICO, which saw the company launch its token in late June.
The ICO raised over $60m and saw it acquire $1.1bn of ether and $1bn in other tokens from a number of investors including Bancor, Waves, and others.
The tiktek team has also announced the formation of its token exchange, which will allow people to trade tiktar on exchange.
This means that people can exchange the tix for fiat currency at a discount, with tiktras value decreasing as the token increases in value.
Tikkat will allow users to purchase tokens at a price ranging from 1.0tikt to 1.5tiktt.
This will provide tikts users with a low cost alternative to fiat currencies.
In an interview with CoinDesk, Tiktaku co-founder and CEO Alexander Gaglani said that tikturas future would depend on the level of interest in the product.
He also said that there would be more investment from other investors as the company expands its product offering.
“There are a number [of] potential partners that we have lined up to help us expand,” Gagliani said.
“The first one is Bancori, a company we’ve been working with since the first week of June, and we are in talks with them on some additional partnerships.
We are working with other investors too, but they are working on their own plans for the future.”
We have also partnered with the world’s largest Bitcoin exchange, Poloniex, for the first time.
We plan to launch our own exchange later this year and are looking at a number other partners for the second-most popular crypto exchange in the world, Binance.