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IOTX log in to the Japan Compliance exchange CoinTrade to expand global market layout.
On September 26, the DePIN + AI open ecological platform IoTeX officially announced that its native token IOTX has been officially listed on the Japanese licensed encryption exchange CoinTrade. This platform is operated by Mercury Co., Ltd., a subsidiary of CERES Inc., which is listed on the Tokyo Stock Exchange's main board, and is regulated by the Financial Services Agency (FSA) of Japan, ensuring high compliance and security.
The launch this time marks an important breakthrough for IoTeX in Japan, a highly regulated and technologically mature market. With the staking, fiat deposit, dollar-cost averaging, and MOPPY points redemption features provided by CoinTrade, IOTX will be able to more conveniently reach local users in Japan, covering both cryptocurrency newcomers and seasoned investors.
Last month, IoTeX launched on a certain exchange and partnered with the encryption benchmark index provider CF Benchmarks, marking the gradual entry of IOTX into the global institutional financial system, opening up trading to professional investors and institutions, and continuously enhancing market liquidity and global recognition.