Yoshi Markets Limited, the ADGM-regulated multilateral trading facility (MTF) and custodian for virtual assets, has started onboarding clients on its trading and custody platform, a positive step towards the final goal of launching a trading and custody services on the Yoshi Markets platform.
The platform will allow customers to open a trading account directly with the regulated Virtual Assets MTF (cryptocurrency exchange) based in the UAE, rather than trading on unregulated platforms or through brokers.
“We are proud to announce this major accomplishment as we have deployed best in class technology and processes to provide a superior trading experience to our customers,” said Arshad Khan, Yoshi Markets founder and CEO.
“To make this experience even more rewarding for our customers, we will be soon announcing very exciting sign-up packages,” he added.
Yoshi Markets will commence the onboarding of clients before proceeding to launch the trading in different virtual asset pairs, including Bitcoin and Ethereum. Additional virtual asset pairs will be added at a later stage.
“We are excited to be part of the cryptocurrency ecosystem in the United Arab Emirates, which has been thriving thanks to the continuous support by the local government and supervision by the Abu Dhabi Global Market,” Mustafa Kheriba, executive chairman at Yoshi Market stated.
“We believe this milestone will bring us closer to our goal, which is to offer regulated virtual assets trading and custody services to an enthusiastic retail and institutional base in the United Arab Emirates and beyond,” he added.
Yoshi Markets Limited had received the Financial Services Permission (FSP) from ADGM’s Financial Services Regulatory Authority (FSRA) in March, allowing it to operate as a MTF and custodian for virtual assets.
Follow us on
