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Blockchain.com successfully secures registration in the Cayman Islands

Blockchain.com, the provider of crypto solutions for traders, funds, allocators, VCs, and crypto operators, announced today that it has secured registration in the Cayman Islands.
The company can now provide regulated custodial services, operate an exchange, and offer OTC crypto brokerage services for institutional clients under the Cayman Islands Monetary Authority (CIMA).
This registration is part of Blockchain.com’s commitment to global compliance and regulation in every jurisdiction where it operates.
Further, it also helps Blockchain.com better support its institutional clients, which the company reports accounts for around half of its revenue.
“While some crypto companies have set up in the Bahamas or the British Virgin Islands, Blockchain.com has chosen Cayman for its belief in fostering innovation in crypto and finance and because so many financial institutions trust the rigor of the Cayman regulatory regime.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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