Hong Kong Exchange ANX Chases US Market with CoinMKT Acquisition
Hong Kong-based bitcoin exchange ANX has commenced a push into the US market with its acquisition of the domain name and brand rights to CoinMKT.com. The CoinMKT exchange, founded by Travis Skweres and Ola Ajayi in Santa Monica, California, will continue to operate as usual, under the ANX umbrella and using ANX technology. The founders will be helping with the transition. ANX COO Dave Chapman said another business relationship currently being put in place will also provide the exchange with access to vital money transmission business (MTB) licenses and banking relationships throughout....
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It was announced today that ANX had acquired CoinMKT in order to expand their presence around the globe. David Chapman, ANX's COO, said that the acquisition would strengthen their footprint in the Americas. The bitcoin exchange also has plans to bring new partners on board so it will be able to offer local bank transfers and MTB licenses all over the USA. The break into the American market. ANX came into being as a bitcoin exchange in 2013. Through their history, it's easy to assume that despite the fact they're based in Hong Kong, they've been targeting the American crowd with their....
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