Monex Group, a Japanese financial services company listed in the Tokyo Stock Exchange — and the parent company of Coincheck, one of Japan’s largest cryptocurrency exchanges — revealed that is planning to launch a crypto exchange in the US in the first quarter of 2019.
The company’s expansion may take place through its US-based subsidiary Tradestation — already offering online electronic brokerage services to both individual and institutional investors and the trading of Bitcoin futures through the Cboe Futures Exchange.
“For cryptocurrency business, we have been preparing the virtual currency service in the U.S. for the past several months. We believe it can start in the first quarter of 2019.” — John Bartleman, Tradestation CEO.
It has been reported that the new exchange will list the top five cryptocurrencies traded in the US, Bitcoin (Bitcoin: BITCOIN), Bitcoin Cash, Litecoin, Ethereum and Ripple. And according to Bartleman, TradeStation will mainly focus on institutional investors.
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