Binance to Invest $3M in Koi Trading

San Francisco-based Koi Trading intends to become a regulated liquidity provider for cryptocurrency over-the-counter markets
21 November 2018   282

Binance Labs has invested in American over-the-counter platform Koi Trading, CCN reports.

San Francisco-based Koi Trading intends to become a regulated liquidity provider for cryptocurrency over-the-counter markets. In addition, the company is engaged in data analysis and advises market participants on compliance issues.

Koi Trading’s mission is to bridge fiat and cryptocurrencies in a compliant manner. This aligns with our broader vision at Binance to build the infrastructure which provides the freedom of value exchange globally.
 

Ella Zhang
Head, Binance Labs

In October, Binance Labs invested several million dollars in a CertiK project specializing in the audit of smart contracts.

Trust Wallet to Add BTC & Bech32 Support

At the moment, this option is available to users of iOS devices, support for Android will be added in the next 2-3 weeks
10 December 2018   92

Binance owned and ERC-20 standard tokens oriented Trust Wallet, announced the start of Bitcoin support (BTC).

As stated in the company's blog post, Trust Wallet has become compatible with the SegWit protocol, allowing to send and receive funds to Bech32 native addresses (bc1).

At the moment, this option is available to users of iOS devices, support for Android will be added in the next 2-3 weeks.

Earlier Trust Wallet announced the start of support for TRON (TRX) tokens. The wallet also supports GoChain (GO), POA Network (POA), Ethereum Classic (ETC), Wanchain (WAN) and VeChain (VET).

Recall Binance announced the purchase of Trust Wallet in July this year. The wallet is expected to become part of the upcoming release of the decentralized trading platform Binance.