Leading U.S. cryptocurrency exchange Bittrex has announced the formation of a new global affiliate. Bittrex International Inc will own and manage Bittrex's international business, expanding from an exchange into a range of different blockchain-based companies.
With Bittrex International, Bittrex intends to be a driving force behind crypto and blockchain adoption across the world, supporting innovation across a global collection of businesses.
According to Bill Shihara, CEO at Bittrex, "(with) our U.S-based trading platform, and our growing network of partner exchanges around the world, Bittrex is making blockchain technology and digital asset trading more accessible to the global community. Bittrex International and its subsidiaries will further advance our work to increase adoption of this revolutionary technology by streamlining the process of identifying and listing some of the world’s most innovative blockchain projects."
Following the lead of Binance and other expanding blockchain companies, Bittrex International is also establishing a new project in Malta. Bittrex Malta will be a secure, reliable and advanced digital asset trading platform, taking advantage of the more open regulatory environment that the European island nation offers.