Exclusive: Crypto Exchange Bitstamp Announces US Expansion After 281% Surge In Q1
The world’s longest-running crypto exchange Bitstamp announced a deeper expansion in the U.S. market after reporting a 570% increase in new customer growth this year.
What Happened: The U.K.-based exchange was established in 2011, and with around $1 billion in daily trading volume remains one of the largest crypto exchanges globally.
The decision to prioritize the U.S market came after the exchange recorded a 281% increase in assets under management during the first quarter of 2021, along with a number of key growth metrics, Bitstamp told Benzinga in an exclusive press release.