Breaking the Chains: Binance.US Partners with Tagomi
In a recent announcement that has sent ripples through the crypto waters, Binance.US has joined forces with crypto brokerage Tagomi. This strategic alliance aims to deliver institutional liquidity for users, turning the typical crypto trading experience into a breezy walk through the park for institutions.
Who’s Gonna Benefit?
This partnership isn’t just about making noise; it’s about real opportunities. Tagomi’s clientele, which includes quant funds, family offices, and high-net-worth individuals, will now have a golden ticket to improved access to Binance.US’s select trading pairs. Talk about hitting the sweet spot of crypto investments!
The CEO Speaks
Catherine Coley, the fearless leader at Binance.US, shared her enthusiasm stating that this collaboration will “lower the barriers to enter the market” and help cultivate a new generation of crypto investors. Marc Bhargava, president of Tagomi, chimed in with the exciting comment:
“Few countries can rival the liquidity and demand of U.S. markets.”
It seems the sunny shores of opportunity are opening wide for U.S. investors.
Tagomi’s Evolution
Tagomi is not just sitting back and relaxing; it’s on a growth trajectory all its own. In March, the firm got its paws on a BitLicense from the New York State Department of Financial Services, paving the way for it to legally trade virtual currencies in the Empire State. Shortly after, in September, they launched a feature that allows users to lend and borrow Bitcoin (BTC) and Ether (ETH), making short trading as easy as pie.
More Competition on the Horizon
But wait, there’s more! Just a day before Binance.US’s announcement, Trade Station—under the Coincheck parent company Monex Group—revealed plans to launch its own cryptocurrency brokerage platform, dubbed Trade Station Crypto. Their offering? Access to aggregated liquidity pools to help traders score better price executions. It’s a crypto showdown, folks!
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