A certain platform is entering the US market; the CEO stated that it benefits from improved regulations and increased institutional interest.

A platform announced its official entry into the U.S. market. CEO Brandon Mulvihill said the move was driven by an improved regulatory environment in the U.S. and increased institutional investment interest. With the rise of over-the-counter (OTC) cryptocurrency trading, a platform has taken a significant position in the market through its electronic communication network, CrossX. Mulvihill pointed out that traditional financial institutions, such as banks, have begun to actively deploy in the market, although they have been slower to enter the market. In addition, the introduction of the Market Structure Act is seen as an important positive for the crypto space, which is expected to drive the explosive growth of institutional investment, mergers and acquisitions, and new customers. One platform believes that the institutional market needs to evolve from the existing structure and seize this opportunity to enter the U.S. market.