Tokenized Securities Exchange Currency.com Joins CryptoUK

CryptoUK counts firms such as Crypto.com, Ripple, eToro and Fireblocks among its 60-plus members.

The British Parliament building in London.

Tokenized securities exchange Currency.com has joined CryptoUK, a trade association for the crypto industry in the U.K.

  • Currency.com joined the association as an executive member, an announcement Thursday said.
  • CryptoUK also counts firms such as Crypto.com, Ripple, eToro and Fireblocks among its 60-plus members.
  • Currency.com, which launched in May 2019, claims to the be the world's first exchange allowing users to directly invest in or trade tokenized financial instruments with payment made in crypto.
  • The firm wants to offer a spot-market crypto exchange in the U.K., Serhii Mokhniev, Currency.com's global head of compliance, told CoinDesk. It now has licenses to operate in Gibraltar and in its native Belarus.
  • The platform reported growth of 374% in its clients base in 2020.

Read more: UK Crypto Trade Group Calls for Action Over Chronic Delays to FCA Registrations

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Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.

Why it matters:

Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.