The general manager of the conglomerate Digital Currency Group Inc, Marius Reitz, in one of his interviews, said that Luno, a cryptocurrency exchange owned by them, plans to expand its activities in the United States. It is worth noting that for this platform, which, by the way, is the largest crypto platform in Africa, the primary task is to attract new investors and release unique products.
The top manager of the company also added that the Luno exchange will almost certainly be able to win the love of American traders, as it has been holding a leading position in the African crypto market for several years. In addition, the man stressed that the deployment of the Luna platform in the United States is going to be very fast and intensive. According to reports, the exchange about its work in all 50 states at the same time.
In an interview, Reitz also mentioned his potential competitors. In his opinion, rapidly growing cryptocurrency exchanges such as FTX and Binance are also targeting the United States.
“Very soon, they (trading platforms, - ed.) will begin to develop the geography of their activities, because such crypto-giants will not be able to afford to be left behind competitors,” the man added.
Trending: Exchange Kraken will stop serving Russian users
In addition, the general manager noted that half of the world's crypto unicorns (startups whose capitalization exceeds $1 billion) are registered in the United States. Such statistics cannot but attract new crypto-enthusiasts to this country who want to earn more.
“Running a trading platform for trading digital assets in the US is much more difficult than in any other country. It must be remembered that each US state has its law governing the activities of the crypto community. However, we are ready to go through all the verification procedures and achieve the desired goal already this year,” concluded Marius Reitz.
It is worth adding that today the above-mentioned cryptocurrency exchange offers users to trade assets such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). However, the developers do not exclude the possibility of adding new coins soon, which, by the way, will depend on the liquidity of the asset and its “security system”.