The UK attracted more fintech investment during 2018 than the US and China.
VANCOUVER–March 27th, 2019 – DRIVE Markets, today announced it has expanded operations to London, UK. The exchange recently announced the launch of its institutional crypto and fiat currency exchange, offering futures and spot trading for Bitcoin, Litecoin, Bitcoin Cash, Ripple and Ethereum.
“The combination of the country’s established expertise in the global financial markets and the growing number of consumers and businesses open to digital disruption makes the UK a natural fit.” said Ade Onigbanjo, Head of Product at DRIVE Markets and London native.
London is a well-known trading hub for bonds, futures, foreign exchange and insurance. London is also the seat of the London Stock Exchange, which is the largest stock exchange in Europe and The London bullion market, which is the world’s largest location for gold and silver wholesale trading.
DRIVE Markets also announced the addition of Sanjeev Sarda, who has joined the Company as Head of Quantitative Trading and will be based in London.
“The UK brings innovation, expertise and proactive regulation together which is why London has become a destination for fintech companies from all over the world. We’re happy to be here.” added Onigbanjo.
Research and statistic credit: KPMG.
About DRIVE Markets
DRIVE Markets is guided by two principles for digital asset trading: provide infrastructure compatible with the global financial markets and list the products that our clients want to trade. For more information, visit DRIVE Markets and follow @DRIVEmarkets on Twitter and Telegram. For the latest industry insights and news, checkout DRIVE Insider.