- The Middle East is one of the fastest-growing cryptocurrency markets in the world, making up 7% of global trading volumes, according to Chainalysis.
- The platform is now open to global clients.
Abu Dhabi, United Arab Emirates – Yoshi Markets Limited, the ADGM regulated Multilateral Trading Facility (MTF) and Custodian for virtual assets announces today that it has started onboarding global clients on its Trading and Custody Platform.
The announcement marks a significant milestone towards the final goal of launching a trading and custody services on the Yoshi Markets platform. The platform will facilitate customers from across the world to open a trading account directly with the regulated Virtual Assets MTF (Cryptocurrency Exchange) based in the UAE, rather than trading on unregulated platforms or through brokers. Yoshi Markets will provide a much safer environment for customers, along with multiple benefits and reduce trading costs.
“We are proud to announce this major accomplishment as we have deployed best in class technology and processes to provide a superior trading experience to our customers,” said Arshad Khan, Yoshi Markets Founder and CEO. “To make this experience even more rewarding for our customers, we will be soon announcing very exciting sign-up packages.”
Yoshi Markets will commence the onboarding of clients before proceeding to launch the trading in different virtual asset pairs, including Bitcoin and Ethereum. Additional virtual asset pairs will be added at a later stage.
The launch of Yoshi Markets in the MENA region sets forward the growing vision towards the future economy coming out of the UAE in recent months. According to Chainalysis, the Middle East is one of the fastest-growing cryptocurrency markets in the world, making up 7% of the global trading volume.
“We are excited to be part of the cryptocurrency ecosystem in the United Arab Emirates, which has been thriving thanks to the continuous support by the local government and supervision by the Abu Dhabi Global Market,” Mustafa Kheriba, Executive Chairman at Yoshi Market stated. “We believe this milestone will bring us closer to our goal, which is to offer regulated virtual assets trading and custody services to an enthusiastic retail and institutional base in the United Arab Emirates and beyond.”
Global clients can now register by visiting the Yoshi Markets website (www.yoshimarkets.io) or by scanning the QR code through their mobile phones. The registration process takes only a few minutes to complete. Yoshi Markets will engage with customers and other market participants to collaborate and offer innovative and much-needed products within the virtual assets space.
About Yoshi Markets Limited
Yoshi Markets Limited is a Multilateral Trading Facility (MTF) and Custodian, based in Abu Dhabi Global Market (ADGM) and has received FSP from Financial Services Regulatory Authority of ADGM. As a virtual asset MTF and Custodian, Yoshi Markets aims to be a preferred venue for virtual assets listing, trading, settlement and custody and will offer a fully integrated ecosystem to institutional, HNI and retail investors.
Office: 23rd Floor, Al Maqam Tower, ADGM Square, Abu Dhabi, UAE