Las Vegas- based Bittrex and Invest.com, a financial technology-focused startup company in London, has partnered up in order to develop and launch a new cryptocurrency trading exchange which will initially only be focused on offering services to customers in the European Union.
Running under the Invest.com banner, the exchange is not yet available for trading and the official launch has not taken place. However, investors and traders who are interested in using the platform can pre-register already.
According to a press release, this partnership “will combine Bittrex’s cutting-edge trading platform technology, and selection of nearly 200 digital tokens, with invest.com’s knowledgeable team of experts in derivative trading, portfolio management and equity trading”.
Together with https://t.co/A9qgek7HL8, we’re announcing a new partnership to launch a digital trading platform that will initially focus on EU customers. https://t.co/miSCiXfsT1 pic.twitter.com/JqyI3SzYEZ
— Bittrex (@BittrexExchange) July 5, 2018
Bill Shihara, the CEO of Bittrex, has said that the companies are aiming to “increase customers’ access to some of the world’s most innovative blockchain projects and further drive adoption of this revolutionary technology” and expressed his excitement over the new endeavor, saying that this “is another exciting step forward for the industry and Bittrex as [they] continue expanding [their] global footprint through new services and strategic partnerships.”
Itai Avneri, the spokesman for Invest.com and co-founder of the new partnership, echoed his sentiments, saying that they “are very excited to form this joint venture with Bittrex” adding that he believes “that excellent product experience coupled with supreme customer support, value-added services and regulation state of mind will provide the community of traders with the ultimate platform to trade cryptocurrency in a safe and secure environment.”
Avneri concluded that the “goal is to become the most reputable platform in the EU and later in numerous countries across the globe” which is showing that the companies have sights set for an international new platform.