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Diginex reports record daily trading volume of $200M on its crypto exchange EQUOS

coinnewsdaily by coinnewsdaily
May 25, 2021
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Diginex reports record daily trading volume of $200M on its crypto exchange EQUOS
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Diginex, a crypto-asset services Firm, today Declared that Trading volume for the last 30 days has climbed more than 40 percent to USD $2.9 billion, just 3 weeks because the company declared a record USD $2 billion in 30-day volumes on May 4, 2021.

As an institutional-grade, regulatory-focused trade , EQUOS is dedicated to delivering transparency into the crypto market. Nasdaq-listed Business in the USA. EQUOS Doesn’t let Inner market-making and contains strict checks and balances in place to Identify and eliminate self-matching transactions and currency trading.

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 “As the major liquidity provider on the EQUOS exchange, we can see that trading activity is genuine and volumes are real. EQUOS has scaled at speed and this is a testament to the strong financial engineering capabilities of the management team and the successful design of their EQO utility token. We are looking forward to working closely with Diginex as a valued partner over the long term.”
– Jakob Palmstierna, Partner at GSR, a digital asset market-maker

Diginex Works in multiple jurisdictions, with oversight from Several regulators in globally recognized financial facilities, such as Singapore, Switzerland, the UK, and america.

Digivault, Diginex’s international custodian, was likewise the first standalone digital asset custodian to get approval from the Financial Conduct Authority (FCA) of the United Kingdom to register as a custodian wallet provider under Money Laundering regulations.

Diginex’s senior leaders bring decades of experience working as Regulated people under the oversight of global regulatory bodies. CEO Richard Byworth was previously Managing Director at Nomura (2000-2018) and also Chairman Chi-Won Yoon was President and CEO, Asia-Pacific, also Vice-Chairman, Wealth Management in UBS (1997-2019).

 

“This is even more impressive given we do not have an internal market maker on the exchange and have robust procedures in place to ensure all volumes are composed of valid trades. Our commitment to offering a fair and transparent trading experience, together with our institutional-grade product and solutions, will continue to drive volumes higher over the long term. Our exchange utility token EQO is significantly contributing to increases in both volumes and customer acquisition. The token’s price as traded on EQUOS has proved resilient during recent periods of weak cryptocurrency prices: This validates the unique structure of EQO, which was specifically designed to promote volumes on the exchange and reward customers for trading on the exchange and holding their tokens.”
– Richard Byworth, CEO, Diginex

Source:EQUOS.io
Tags: CEOChairmanCryptoCrypto TradingCryptocurrencycustodiandirectorMajormarket makerMoneyPartnerPresidentpresident and CEOSingaporeSwitzerlandthe financial conduct authorityTokenTradingUnited KingdomUnited StatesUSD
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