Exclusive: Crypto Exchange Bitstamp Announces US Expansion After 281% Surge In Q1
Published
May 03 2021 at 1:16 PM GMT
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- The world’s longest-running crypto exchange Bitstamp announced a deeper expansion in the US market after reporting a 570% increase in new customer growth this year.
- What Happened: The U K-aed exchange was established in 2011, and with around $1 billion in daily trading volume remains one of the largest crypto exchanges globally.
- The decision to prioritize the US market came after the exchange recorded a 281% increase in assets under management during the first quarter of 2021, along with a number of key growth metrics, Bitstamp told Benzinga in an exclusive press release.
- “Bitstamp is prioritizing US investors, in a market primed.
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- Published May 3, 2021 1:16 PM GMT