menuIcon
$ 93,813.9
BTC
$ 93,813.9
0.30 %
$ 1,771.91
ETH
$ 1,771.91
-1.27 %
$ 0.7169
ADA
$ 0.7169
3.27 %
$ 602.86
BNB
$ 602.86
-0.38 %
$ 152.70
SOL
$ 152.70
1.63 %
Priyanka Jadhav
Mar 26, 2022
by Priyanka Jadhav

Startup Exchange LibertyX Seeks Regulatory Approval in El Salvador and UAE

LibertyX Cryptocurrency NFT
Liberty Exchange is an unrestricted crypto exchange that portrays the role of a global marketplace for digital assets including cryptocurrency, NFT, trading mainly. The non-US exchange is in the course of establishing operations in two countries. 

The Objective of LibertyX

The broader idea behind the launch of the crypto exchange is to capture multiple alternatives towards crypto assets in regulatory-approved countries including El Salvador and the United Arab Emirates. 

Two Major Plans Post Launch

Leading the efforts is the investment bank Entoro Capital’s CEO James Row. Reportedly, Row will be raising a $10 Million Series A funding round for the startup exchange. The funding is expected to follow a $100 million round as well. 

In addition to the funding raises, the hybrid exchange is also in the process of securing regulatory approval from the jurisdictions of El Salvador and the UAE. Liberty Ex plans to provide 40 trading sports and 20 new trading pairs each month. 

Future Strategies for a Broader Expansion

Liberty Ex has been planning, developing, and striding forward to cover all aspects of the digital space. Liberty Ex is planning to offer its NFT marketplace that will be supporting regulated securities as well as digital assets. 

The exchange has also been working on a market-making business and integration with DeFi and Web3 platforms. The startup is also in plans to provide crypto-mining services. 

Follow us on: News
Cryptocurrency Crypto Mining DeFi NFT NFT Marketplace Web3
Startup Exchange LibertyX Seeks Regulatory Approval in El Salvador and UAE
Priyanka Jadhav
Priyanka is an active crypto enthusiast. Having graduated with a BA in Journalism and Mass Communication, she is a passionate content writer with a strong understanding of financial content. She has been writing on crypto and blockchain-related topics for the last three years and is an active trader.

Top Picks