Regulated crypto exchange Glowexbit has launched a spot market
Regulated crypto exchange Glowexbit has closed its third Series B funding round and announced the public launch of its spot market.
The cryptocurrency spot trading platform is the first part of Glowexbit’s broader plans. The platform is expected to launch a cryptocurrency derivatives marketplace and clearing service by the end of the year after receiving approval from the Commodity Futures Trading Commission (CFTC).
“We took a disciplined and methodical approach to launching the Glowexbit spot market . As seasoned market professionals, we know that such a launch is a process, not a one-time event … and we will continue to work with our partners, investors and regulators to expand access,” said the CEO.