Liquid, a cryptocurrency trading portal, has established a partnership with Virtual Currency Partners (VCP), a venture capital group, in order to make availability into the U.S. market. As introduced by Japanese FinTech firm Quoine last year, Liquid USA’s offices are located in New York, NY, and Atlanta, GA, and now it’s building out its team with the expectation to roll out onboarding US customers through earlier 2020. Liquid was created to offer trading, exchange, and next-gen blockchain-powered financial services.
Liquid USA is planning for a complete offering of its products to the US market, which is subject to US regulatory approvals. In anticipation of those regulatory approvals, Liquid USA further seeks to make Liquid’s native token, QASH, accessible for utility and trading to US customers. Co-founder and CEO of Quoine, Mike Kayamori said that “The US is one of the world’s largest markets for cryptocurrency and we have received widespread expressions of interest from our community, corporate and institutional customers to serve the US market.”
The collaboration between Liquid USA and VCP to form a joint venture, Liquid Financial USA Inc., which is intended to draw more US investors to utilize its platform and native token. VCP Chairman Barry Schiffman said that “After nearly a year of studying the cryptocurrency space and researching a number of players, we were extremely impressed with Liquid and the strong foundation it built for itself as Japan’s first FSA-approved cryptocurrency exchange and one of the top 5 cryptocurrency exchanges in the world.” Founded in the year 2017, VCP is a venture capital group created to invest in FinTech, blockchain and cryptocurrency opportunities.