QUOINE, leading fintech company which operates QUOINEX, the first exchange to become officially licensed in Japan, and ANX PRO, one of Asia’s longest running and most reputable exchanges under ANX International, formally announced that they will work together on the QUOINE’s global liquidity platform, QUOINE LIQUID.
The exponential growth in the token market in the last 12 months have been fueled by the more than $USD2.1 billion raised through more than 100 token sales (now also called TGE – Token Generation Events, or TDE’s – Token Distribution Events)., As the token market grows rapidly, the need for tokens or digital assets to get listed in liquid markets is of huge importance to the success or failure of these new projects. QUOINE LIQUID aims to provide a platform for these new tokens to gain access to much needed liquidity.
Mike Kayamori, CEO and Co-Founder of QUOINE said, “The QUOINE LIQUID platform will benefit greatly from their input and involvement.”
Speaking about the engagement, Ken Lo, CEO of ANX International said. “There is a fundamental shift taking place in the industry in terms of popularity and acceptance by the mass market. However, much of the institutional infrastructure is lagging behind in terms of value and investment. We believe that greater transparency and integration will further strengthen the sustainable growth of the crypto economy, and we are happy to support any move in that regard.”
QUOINE will be the first licensed global cryptocurrency company in Japan to launch an ICO internationally, and aims to build a global liquidity platform based on shared order books for centralized exchanges. The token sale for the digital token QASH, launches November 6.