RATE Group | Bithumb Collaborates with Chinese Crypto Exchange – Business Partnerships
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Bithumb Collaborates with Chinese Crypto Exchange – Business Partnerships

18 Feb Bithumb Collaborates with Chinese Crypto Exchange – Business Partnerships

Posted at 12:05h in Cryptocurrency News by

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Bithumb Collaborates with Chinese Crypto Exchange

South Korean cryptocurrency exchange, Bithumb revealed that it has secured a memorandum of understanding with Chinese cryptocurrency exchange BitMax.

Based on reports, Bithumb exchange agreed with the Chinese exchange to develop their blockchain and cryptocurrency infrastructure together. Besides, the collaboration reportedly entails rolling out new crypto services and tapping into the global markets together.

The South Korean exchange also sees the agreement as a springboard to rise into the top echelon of the global crypto market.

A Bithumb official said: “Bithumb will be able to get business ideas and know-how from Wall Street experts through the latest strategic partnership.” He added that the exchange plans to keep beefing up its R&D capabilities and nurture the local blockchain market.

About Bitmax and Bithumb

The Chinese crypto exchange commenced operation in 2018 by CEO George Chao. Besides, Bitmax claims they attract several Wall Street financial engineers who worked for…

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