Riot Blockchain will launch a crypto exchange

Riot Blockchain said that the new entity they are about to open will be called RiotX and will implement three types of services: banking, trading and a digital wallet

The company, with a few years in the cryptographic ecosystem, wants to develop a regulated digital currency trading platform in the United States by the end of the second quarter of this year. To achieve this, they will invest $ 250.000 initially.

The project of the firm was announced after the meeting held with the Securities and Exchange Commission of the United States (SEC). Also, the brand created another division called RiotX Holdings, which will be in charge of the commercial platform.

Additionally, the company achieved a strategic alliance with Shift Markets, software provider. It is necessary to note that between 2018 and 2019 the brand changed to practically all its board of directors.

Riot Blockchain plans to restructure its procedures to comply with its regulatory guidelines. Similarly, the firm aims to cover the fifty states of the United States before the end of this year.

L.Sáenz

Source: Bitcoin.es

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