Crypto News Flash #257: Binance Invests $3 Million In US Crypto Trading Desk
Binance is the largest cryptocurrency exchange in the world in terms of volume. A lot of people started using Binance when it was launched in 2017 and in only 1 year of time, Binance has become World's largest crypto to crypto exchange.
Being the largest exchange, Binance has very solid security measures and it is actively working to expand its reach to the crypto masses. Binance has also started a US based trading desk named Koi trading. This desk has an objective to be compliant global option for private crypto liquidity.
Recently, Binance has also invested $3 Million in this trading desk to make its operations smoother. Although, the amount is not so big but still a notable one.
Koi Trading is an OTC trading operation headquartered in San Francisco, CA. They aim to be a compliant global option for private cryptocurrency liquidity.
“Koi Trading’s mission is to bridge fiat and cryptocurrencies in a compliant manner. This aligns with our broader vision at Binance to build the infrastructure which provides the freedom of value exchange globally.”
Koi Trading desk has an experienced set of professionals managing it with proper ethics and rules as per the US Government.
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