On September 10, Bittrex, a U.S.-based blockchain platform, announced the formation of Bittrex International Inc., an affiliate of Bittrex Inc., which will own and manage a global collection of innovative blockchain technology-focused businesses operating outside of the United States.
According to the announcement, the mission of Bittrex International is to be a driving force in the blockchain revolution, increasing adoption of this innovative technology around the world. The company will own and manage Bittrex’s international businesses.
Bittrex International is also establishing Bittrex Malta Ltd., a digital asset platform operating in Malta and built on Bittrex’s cutting-edge trading technology.
“Bittrex Malta is designed to give innovative coins and tokens a streamlined approach to not only be listed on the platform, but also to continue building trust and a larger global footprint,” – the announcement reads.
Every digital asset listed on Bittrex Malta will be available for Bittrex’ international network of partner exchanges to launch (consistent with their local laws), increasing the adoption of this innovative technology around the world. Bittrex Malta is designed to operate within the regulatory framework established by the European Union and Maltese Government.