Bittrex is working hard to boost its operation globally and, in this regard, the cryptocurrency exchange signed a new deal and launched Bittrex International, a global business centered on blockchain technology. The exchange platform also plans a move to Malta which becomes increasingly more friendly for cryptocurrencies and crypto-related enterprises.
The past two weeks were very busy for Bittrex cryptocurrency exchange, adding a couple of new trading pairs to its USD market, allowing its clients to trade Ethereum (ETH) and XRP (XRP) against the US Dollar.
Besides this new addition, Bittrex also teamed up with Rialto Trading an entirely regulated trading platform which aims to provide exchange services for the SEC-cataloged security tokens in the future.
Bittrex releases Bittrex International to expand globally in the blockchain-based businesses
Additionally, the Bittrex platform released its new affiliate subsidiary, the Bittrex International which aims to own and manage blockchain-based companies.
“At Bittrex, we’re using our secure, reliable and innovative platform technology to power the blockchain revolution. Through our U.S-based trading platform, and our growing network of partner exchanges around the world, Bittrex is making blockchain technology and digital asset trading more accessible to the global community. Bittrex International and its subsidiaries will further advance our work to increase adoption of this revolutionary technology by streamlining the process of identifying and listing some of the world’s most innovative blockchain projects,” stated Bittrex CEO, Bill Shihara.
Bill Shihara added that the new international affiliate is “a driving force in the blockchain revolution, increasing adoption of this innovative technology around the world.”
Bittrex plans to operate from Malta
Since Malta has evolved in a very crypto-friendly country, many cryptocurrency exchange platforms and businesses moved their operations to this small European country.
Bittrex wants to follow this trending and plan to launch Bittrex Malta Ltd. which will run on the regular exchange’s technology but will focus not only on listing crypto tokens but also on actively promoting global trust and adoption of cryptocurrencies.