Liquid Collaborates with Virtual Currency Partners. Breaks into US market

Virtual Currency Partners (VCP) collaborated with Japanese crypto firm Liquid.com to form Liquid Financial USA Inc. (Liquid USA). The firm will enter the US market after the tie-up. 

The company has registered itself with FinCEN. It has already set up two offices in New York and Georgia. They are seemingly looking for authorization from the US regulators to fully expand its operations in the US. 

Mike Kayamori, Liquid’s co-founder and CEO, said: 

“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...This joint venture and the acquisition of IQX represents our commitment to expand in the US, and we look forward to working closely with Virtual Currency Partners to accelerate our platform growth. I am personally honored and excited to be working again with Barry Schiffman, the Co-founder and former Executive Managing Director at Globespan Capital Partners, a mentor of mine from my days at Globespan dating back to 2003.”

Barry Schiffman, the chairman of VCP said: 

”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.”