Blockchain News

Bittrex and band together to launch EU cryptocurrency exchange

London meets the US in a new joint venture between Bittrex and who are hoping to take an “exciting step forward for the blockchain industry” in their new platform.

Las Vegas- based Bittrex and, 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 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’s knowledgeable team of experts in derivative trading, portfolio management and equity trading”.

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 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.