Global cryptocurrency exchange Liquid.com announced on Tuesday it has completed its global group restructuring to reflect its “evolution into a global fintech business.” Liquid reported that as a result of the global restructuring, the existing “Quoine” operating entities have moved under Liquid Group Inc. to form the new Liquid Group.
While sharing more details about the restructuring, Mike Kayamori, Co-Founder and CEO of Liquid, stated:
“We are seeing extraordinary and disruptive trends in financial services, driven by fintech innovation where customers are more digital and tech savvy in accessing their financial needs, from owning cryptocurrency wallets and accounts to actively trading crypto assets on global platforms such as Liquid. On the other hand, traditional financial infrastructure and lean fintech startups are racing to keep up with these new technological advancements, accelerated by the adoption of blockchain technology and cryptocurrencies.”
Liquid.com also reported it will continue to build on the existing brand equity of liquidity maximization, customer-centricity, and security. The strengthening of the Liquid.com brand across all global offices in Tokyo, Singapore, Vietnam, and the Philippines will allow the Liquid Group to strengthen its positioning and launch across global markets effectively as a truly global brand. Liquid.com added:
“As part of this global expansion plan, Liquid will plan to launch in the United States once all applicable licenses are obtained. As a pro-regulatory group, Liquid’s Singapore entity will also be looking at licensing under the incoming Payment Services Act.”