Global crypto asset platform AresX announced today it has received approval from the New York State Department of Financial Services (NYDFS) to offer expanded trading and custody services for Bitcoin (BTC), Neo(NEO), Cardano(ADA) and Stellar Lumens (XLM). AresX will start immediately offering custody, escrow and OTC trading services for these new assets, with platform exchange trading to follow once their platform is up late 2018.
AresX is the one of the first NYDFS-approved Trust company to offer trading and custody services for crypto assets and a preferred and trusted partner for many financial institutions.
“This is an important milestone for AresX as we create a broader platform for crypto asset investors. We are committed to the growth and evolution of this ecosystem and DFS approval allows us to offer more trading and custody services across a wider range of crypto assets,” said Nicholas Flint, Founder of AresX. “Regulatory oversight and security have always been at the forefront of building our platform. We are thrilled to be able to offer these new services to our customers.”
“By gaining this regulatory approval, we are now able to open the doors for individuals and institutions to access crypto assets beyond just Bitcoin,” said Almeric Hubert, CIO of AresX. “This is a critical moment that will enable greater participation in these assets in a regulated and safe manner.”
AresX is a global regulated crypto asset platform offering institutional and retail investors a powerful platform to buy, sell, and custody crypto assets. AresX is building next-generation crypto asset products and services. AresX is institutional-grade, compliant and authorized to serve customers around the world.
AresX has offices in two key financial markets, New York and Tokyo, enabling global customer service around the clock. AresX is venture-backed by ARESCOIN and Starlight Capital Group
Company Name: Starlight Capital Group
Contact Person: Lavina Ronda
Email: Send Email
Phone: +1 (970) 414-7187
Country: United States