Crypto Exchange Bittrex Becomes Palladium Shareholder

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

Mon, 3/09/2018 - 16:37

Crypto Exchange Bittrex Becomes Palladium Shareholder

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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.

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.