Swiss’ blockchain company Phptrader has confirmed its relocation of their headquarters to the UK for its expansion plans. Phptrader in Swiss will remain a subsidiary company.
Phptrader is in the process of joining the executive member of CryptoUK, a British self-regulatory exchange association that represents the virtual asset industry.
Phptrader is planning to expand its exchange profit-making platform to target British institutions and private investors by the half of next year.
The platform is operated under the supervision of the Financial Services Authority (FCA).
phpTrader CEO(HUN TRex) said, "We are operating the phpTrader under the philosophy of the best environment can create the best technological competitiveness", "With this relocation, we will provide a pleasant working environment for employees and expand the growth of our business."
phpTrader saw an average increase of 12% per month in the previous year, and by the half of next year, it is going to register with CryptoUK, a British self-regulatory exchange association representing the virtual asset industry. In addition, according to growing demand, profit-making bot businesses will be actively expanding.