BitKan, a cryptocurrency service provider, has struck a strategic partnership with Bitcoin.com. This deal comes as Bitcoin.com is also set to establish a cryptocurrency trading platform.This according to an article from Crowdfund Insider, August 11, 2019.
Full-Spectrum Cryptocurrency Service Operation
BitKan, the China-based crypto data firm, says the move is part of its plans to offer full-spectrum cryptocurrency services to its clients.
Commenting on the decision to collaborate with Bitcoin.com, company CEO Liu Yang, declared:
“We are delighted to establish a closer relationship with Bitcoin.com. This collaboration will expand the partnership between the two parties, bringing more value to users from both teams. Meanwhile, this brings BitKan a step closer to achieving its goal of globalization, after the launch of the aggregated trading platform to complete the cryptocurrency services ecosystem.”
Since the start of the year, the crypto market appears to have taken on a greater significance within the global business and trading arena. Commentators say there is more institutional interest in the asset class than in previous years.
For BitKan, the hope will be that its collaboration with Bitcoin.com will enable efforts to expand its sphere of influence in the crypto market. Part of this expansion is a move towards trading which Bitcoin.com could prove to be a useful partner.
Recently, the website announced plans for an expansion of its own — with the goal of establishing a cryptocurrency trading platform. If successful, Bitcoin.com will join Blockchain.com as one of the popular crypto websites to create a trading platform.
Roger Ver No Longer Bitcoin.com Chief
These developments are also coming at a time when Bitcoin.com appears to have undergone a swift organizational reshuffling. Roger Ver, longtime CEO of the company no longer holds the position with information from the website listing him as ‘Executive Chairman,’
Earlier in August, there were reports on social media that the move might be a precursor to Ver dumping Bitcoin.com. Other commentators suggested that Ver’s relationship with the former hierarchy at the defunct Mt.Gox might be the reason seeing as the company is looking to open a crypto exchange.
Bitcoin.com continues to be a controversial platform in the cryptocurrency space. Some stakeholders have accused the website of misleading people into thinking Bitcoin Cash (BCH) is Bitcoin (BTC).
Before leading the breakaway faction during the Bitcoin hard fork of 2017, Roger Ver was a vocal proponent of Bitcoin.
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