Crypto Exchange Zonda Plans Expansion Into Italy

Twitter icon  •  Published il y a 1 an  •  Mark Weaden

Zonda, an Estonian-based regulated cryptocurrency trading platform, announced in a press release on Tuesday that it plans to enter the Italian market

Zonda, an Estonian-based regulated cryptocurrency trading platform, announced in a press release on Tuesday that it plans to enter the Italian market. The move is to be led by the company’s CMO Barnabas Goh. 

What Do We Know About The Move?

The announcement isn’t the first move for the company, with the company’s current CEO back in November of last year and has really shaken up the company strategy. Zonda was greenlit to expand operations into North America and the European Union, having received the approval of Canadian and Estonian regulators. 

The company will offer Italian and traders the chance to access over 60 different major cryptocurrencies, as of June 15th. An exciting time for Zonda, as historically Europe has been a difficult market to enter due its strict regulatory standards.  

The company’s CMO Goh stated that “Our mission at Zonda is to create a safe, simple yet sophisticated investment experience for traders and investors around the world. This ambition has made us one of Europe’s largest digital asset exchanges and also the most regulated crypto platform on earth, as we continually forge a better trading environment for our million-plus clients.” 

The company touts itself as a platform that provides a complete regulated trading experience, and with a quality app offering access to markets on the move the company’s claims are convincing. 

Moreover, the new CMO has a solid history in the digital space. While working in his role for the TigerWit Group, Goh launched the world’s first blockchain-based trading platform internationally. With an innovative thinker at the top coupled with an ambitious team, Zonda may be able to tap into the European market. 

Zonda Isn’t The First To Conquer Europe

Just two weeks ago, global crypto giant Binance announced its plans to expand into Italy, having received the okay from Italy’s watchdog to become a Cryptocurrency Service Provider through the ‘Organismo Agenti e Mediatori’ (OAM). 

With the turmoil in the markets, crypto companies are looking for other ways to expand and reach out to the public. But, as the price of Bitcoin continues to tumble, investors continue to pull out of the market making the prospect of investing less appealing. 

Author

Mark Weaden

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.