Japanese Bitcoin Exchange Liquid.com has opened two offices in the US. As a joint venture with Virtual Currency Partners, “Liquid USA” is expected to start trading in 2020.
Coinbase & Co. Receive Overseas Competition: Liquid.com, Japan’s largest regulated Bitcoin exchange, is tackling the US market. For this purpose, the Holding Company of Liquid founded with the crypto-consortium Virtual Currency Partners (VCP) a joint venture under the name Liquid Financial USA Inc. (short: Liquid USA). Liquid announced on April 29 in a press release. The expansion follows a successful fundraising, in which also the mining hardware manufacturer Bitmain played a significant role. With the expansion overseas Liquid wants to meet the needs of customers, explains CEO Mike Kayamori:
“The US is one of the world’s largest cryptocurrency markets, and our community, corporate and institutional clients have expressed an interest in serving the US market.