The CEO of Bitmex's crypto exchange said that the Hong Kong market is growing and the city is becoming a hub for crypto trading.
Bitmex, a London-based crypto exchange, said it plans to open its first office in Hong Kong later this year.
The company announced on Twitter: We are delighted to announce our plans to open our first office in Hong Kong later this year! We will be recruiting local talent and sharing more details soon.
This news comes just a few months after Bitmex announced that it will begin operations in Japan as well as other Asian markets such as South Korea and Singapore.
Bitmex currently supports trading between Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). It also offers margin trading, short selling and lending services.