Coin

<ul class="news-points"> 
 <li><strong>Bitstamp global chief executive officer, Jean-Baptiste Graftieaux reveals plans to raise fresh funding to increase global expansion.</strong></li> 
 <li><strong>The funding is to facilitate further growth in Europe and Asia.</strong></li> 
 <li><strong>Graftieaux reassures that Bitstamp “is not for sale” and that the current priority is&nbsp; to raise money to accelerate growth.</strong></li> 
</ul> 
<p>Bitstamp, a leading <a href="https://coinedition.com/what-is-a-cryptocurrency-exchange-how-does-it-work/" rel="noopener noreferrer nofollow">crypto exchange</a> headquartered in Europe, is in discussions to raise funding, said the global chief executive officer, Jean-Baptiste Graftieaux, as per reports from Bloomberg.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">Bitstamp, one of the oldest crypto exchanges, is in talks to raise fresh funding for expansion, including launching derivatives trading in Europe next year <a href="https://t.co/Nvl26aMhYb" target="_blank" rel="noopener noreferrer nofollow">https://t.co/Nvl26aMhYb</a></p>— Bloomberg Crypto (@crypto) <a href="https://twitter.com/crypto/status/1688693173982273536?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 7, 2023</a> 
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<p>The exchange reportedly plans to use its funds for various operations such as launching derivatives trading in Europe next year. Furthermore, the platform plans to use the funds for a further expansion of its global footprint in other markets in Asia and increase its market operations in the UK.</p> 
<p>In reference to the discussions about fundraising, Graftieaux said:</p> 
<blockquote class="wp-block-quote"> 
 <p>Bitstamp is not for sale, and we are not actively looking…</p> 
</blockquote> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/bitstamp-unveils-expansion-plans-in-europe-asia-amid-fundraising-talks/">Bitstamp Unveils Expansion Plans in Europe, Asia Amid Fundraising Talks</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Bitstamp Unveils Expansion Plans in Europe, Asia Amid Fundraising Talks

Coin Edition

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