RATE Group | Proof of Trust, BTCX Consider IPOs, KyberSwap Leaves Malta + More News
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Proof of Trust, BTCX Consider IPOs, KyberSwap Leaves Malta + More News

Proof of Trust, BTCX Consider IPOs, KyberSwap Leaves Malta + More News

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Proof of Trust, BTCX Consider IPOs, KyberSwap Leaves Malta + More News 101
Source: iStock/pichet_w

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

IPO news

  • Proof of Trust Ltd said Friday it is planning to float its shares on the Main Market of the London Stock Exchange in an unspecified future, reported Alliance News. The firm uses smart contracts to manage arbitration or dispute resolution that may arise from any transactions using blockchain.
  • The Swedish crypto exchange BTCX, that recently raised c. USD 1.5 million, is preparing for an initial public offering before this summer, CEO Oskar Söderström told Trijo News.

Exchanges news

  • KyberSwap, currently the second-largest non-custodial cryptocurrency exchange by market share, is moving out of Malta to the British Virgin Islands (BVI), as 5AMLD regulations “would put too high a barrier for the majority of traders, both – regulatory and cost-wise,” The Block reported.
  • SFOX…

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