OKEx Technology Company Limited, a digital asset exchange, is expanding its operations in Malta.
OKEX provides global users with a robust digital-asset-only exchange and currently offers token-to token and futures-like trading.
“We look forward to working with Malta’s government as it is forward-thinking and shares many of our values, the most important of which are the protection of traders, the general public, compliance with Anti-Money Laundering and Know Your Customer Standards, and the recognition of the innovation and the importance of continuous development in the blockchain ecosystem,” said Chris Lee, CEO of OKEx.
Tim Byun, Chief Risk Officer, said that he sees a strong strategic partner in Malta, in an industry dominated by new emergent technology.
OKEx is looking forward to joining the blockchain community in Malta through its participation in the Delta Summit to be held in October 2018.
OKEx is the second biggest company in this sector. Its announcement follows that of Binance - the biggest company in this sector - which is also setting up shop in Malta.
“This is just the start,” commented Parliamentary Secretary Silvio Schembri. “Other companies will soon establish their operations in Malta.”