According to a tweet from the Koi Trading’s official page, the world's largest bitcoin exchange Binance has made an investment of $3 million.
Koi Trading is a San Francisco-based over-the-counter (OTC) trading desk that offers a private, productive, and compliant tool for institutional investors to begin trade with blockchain digital assets. Koi Trading’s goal is to build platform both for fiat and crypto assets in a compliant manner.
Previously, Harry Zhou, CEO and co-founder of Koi Trading, spoke at Harvard and Columbia University with Binance on issues with crypto regulation and innovation in the blockchain space.
Though Binance has been trying to play by the rules in the international arena, the exchange has already faced with the sanctions issue. Thus, the exchange asked its remaining users from Iran to withdraw their funds as the exchange was trying to comply with international sanctions against Iran.
Earlier, TRON and Binance founders met at the United Nations to discuss cooperation in BCF. Back then, TRON’s founder Justin Sun said that TRON Foundation was looking forward to collaborate with BCF to contribute to SDG achievement with industry leaders worldwide.
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