Tokenized Securities Exchange Currency.com Joins CryptoUK
Right now•1 min read•Regulation
Tokenized securities exchange Currency.com has joined CryptoUK, a trade association for the crypto industry in the U.K.
Currency.com joined the association as an executive member, an announcement Thursday said. CryptoUK also counts firms such as Crypto.com, Ripple, eToro and Fireblocks among its 60+ members. Currency.com, which launched in May 2019, claims to the be the world's first exchange allowing users to directly invest in or trade tokenized financial instruments with payment made in crypto. The firm wishes to enable the spot cryptoasset market in the U.K. as part of its aims to expand its regulatory footprint, Currency.com's global head of compliance Serhii Mokhniev told CoinDesk. Currently licensed in Gibraltar as well as its native Belarus, the platform reported growth of 374% in its clients base in 2020.