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OKCoin launches euro trading; opens a Malta office as part of European expansion

Carol Gaszcz
Pan-European exchange Euronext has made a €5 million investment in tokenization platform Tokeny Solutions, according to a press release. In return, Euronext has obtained a 23.5% stake in the company as well as “strong governance representation.” The Luxembourg-based fintech provides tools needed for security tokenisation.The post Euronext invests €5M in blockchain fintech Tokeny Solutions appeared first on The Block.

Cryptocurrency exchange OKCoin has launched euro trading, the company wrote in a Medium post. Customers based outside the U.S. can now take part in euro spot-trading for digital assets, such as bitcoin, ethereum, and bitcoin cash, with more euro cryptocurrency pairs to be added in the future. According to the announcement, euro deposits and withdrawals will be free of charge until Sept. 4.

The company has also opened a new European office in Malta. The services and digital assets offered by the European OKCoin affiliate will be compliant with the Virtual Financial Asset Act.

“Europe is essential to the evolution of the cryptocurrency markets. It is home to many progressive ideas for innovating and disrupting the status quo of the global financial system while maintaining a balanced regulatory approach,” explained Jovan Gavrilovic, General Manager of Europe at OKCoin. “We are very pleased to bring digital asset trading to the European market in a secure and reliable manner, enabling users to trade digital assets for euro easily and safely.”