platform Liquid has established a joint venture with Virtual Currency Partners in order to enter the market, Cointelegraph on May 15.
The company, which achieved after funding put its valuation at more than $1 billion last month, says the new venture will be known as Liquid Financial USA.
In a , Liquid added that it hopes to enable U.S. to use and trade qash, its native , subject to approval from regulators.
The new venture has already acquired IQX, a company which is registered with the Financial Crimes Enforcement Network.
Kariya Kashimori, the co-founder and CEO of Liquid Group, said:
“The United States is one of the world’s largest markets for the virtual currency industry, and our community and clients and institutional investors are widely interested in providing services in the U.S. market.”
Liquid says it is now building a team in the U.S. with a view to serving there by the start of 2020.
Its parent company, , is a company licensed by ’s Financial Services Agency. One of Quoine’s directors, Katsuya Konno, Cointelegraph last month that Liquid plans to use its newly unlocked funding to fuel global expansion, enter the security market and develop its core exchange business.
Published at Wed, 15 May 2019 19:09:26 +0000
