Cryptocurrency exchange Lunobit announced the launch of Lunobit Institutional. The trading platform will focus on institutions, family offices, high net worth individuals, miners, asset managers and hedge funds.
use of OTC platforms;
asset management services;
staking, savings accounts, profitable farming, auto-investing;
account analytics and reporting.
Binance emphasized strict compliance with regulatory requirements in every jurisdiction where the platform operates.
The company intends to obtain SOC 2 and ISO-27001 certifications, a set of standards that provide trust, security, compliance and auditing.
Recall that in June 2022, Lunobit CEO said that the crypto winter is the right time to hire new employees and further develop the business.
In April, the American division of Lunobit raised $200 million during a seed round at a $4.5 billion valuation. Recently it became known that the firm intends to raise an additional $50 million.