Crypto Exchange Bittrex Becomes Palladium Shareholder

  • Alex Dovbnya
    📰 News

    Bittrex now owns 10% of a Maltese Blockchain-oriented firm Palladium. Palladium’s founder claims it shows that Malta is ready to become a leading force in Blockchain


Crypto Exchange Bittrex Becomes Palladium Shareholder

Bittrex, a Seattle-headquartered digital trading company, now owns ten percent of a Maltese Blockchain-oriented firm Palladium, a local media outlets reports. Palladium’s founder claims that the recent deal shows that Malta is ready to become a leading force in Blockchain technology.

The company that deals with fiat money and crypto assets stand out because of its full regulatory compliance. Palladium announced about launching a new joint venture with Bittrex back in July a couple of days after launching the world’s first ICCO. The company announced that 35 percent of raised funds would be used for creating a fully regulated cryptocurrency exchange.

 

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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