The tenured company helped steer innovation during the ecosystem’s early development, and continues to promote secure access to the digital economy for curious participants.
CHICAGO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- CEX.IO, a global ecosystem of products and services that connects curious participants to the cryptocurrency economy and decentralized finance (DeFi), is celebrating its 10-year anniversary of driving innovation in the digital asset space. After a decade of tenured leadership, the company remains committed to its founding mission of expanding access for those seeking success in crypto.
Emerging in the wake of the seminal Bitcoin mining pool, GHash.io, Oleksandr Lutskevych founded CEX.IO in 2013, which debuted with the early slogan of “Buy, Mine, Trade.” After receiving PCI DSS compliance the following year, CEX.IO became the first cryptocurrency exchange to allow its customers to purchase digital assets with a credit or debit card. This helped establish the company as a pioneering visionary during crypto’s infancy.
Over time, CEX.IO evolved into an ecosystem of user-centric products aimed at enabling financial freedom from within a collaborative regulatory framework. By adhering to core principles of ethical crypto stewardship, the company introduced Staking, Savings, Loan, institutional, and B2B services to a growing global community that now encompasses six million users.
“Since day one, we’ve endeavored to bridge the gap between traditional and decentralized finance, and achieving this milestone is a testament to that commitment,” Lutskevych said. “By developing proprietary technologies, and building out critical infrastructure, CEX.IO has been at the forefront during key periods of growth within the crypto space. And after a decade of measured leadership, we’re just getting started.”
Recently, CEX.IO expanded its European presence with new licensure and a dedicated MLRO for Lithuania. This move aligns with the company’s uncompromising AML/CTF standards, and signals a readiness to continue working with regulators to implement appropriate oversight following the passage of Markets in Crypto-Assets (MiCA) legislation.
The company pairs a history of innovation, expansion, and regulatory advocacy with a steady stream of third-party validation. Last month, CEX.IO was named “Best Cryptocurrency Platform in Europe” by the 2023 Digital Assets Awards, and was once again recognized as a “Vetted Exchange” by Digital Asset Research.
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ABOUT CEX.IO
CEX.IO was founded in 2013 with a mission to support global financial inclusion through the adoption of cryptocurrency and blockchain technology. As one of the most tenured market participants, CEX.IO offers a comprehensive ecosystem of intuitive solutions built with safety and security at their core, enabling users to trade, store, transfer and earn digital assets. With over six million registered users globally, CEX.IO helps retail, enterprise, and institutional customers seize opportunities in decentralized finance every day. Learn more at CEX.IO or connect with us on LinkedIn.
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CEX.IO is a trading name of, and [digital asset platform products and services] are offered by: in the U.S., CEX.IO Corp., registered with FinCEN in jurisdictions where it is licensed to operate as a Money Service Business (MSB Activities 409 499), registered office 900 E Diehl Rd STE 110, Naperville, IL 60563; in Europe, CEX.IO Limited, registered in Gibraltar, No. 116846, registered office, Madison Building, Gibraltar GX11 1AA. CEX.IO Limited is authorised and regulated by the Gibraltar Financial Services Commission as a DLT Provider under the authorization number: FSC0686FSA; CEX OVRS LLC, registered in St. Kitts & St. Nevis, No. L 22275, registered office Suite 1, A.L. Evelyn LTD Building, Charlestown, Nevis. CEX.IO Limited and CEX OVRS LLC are subsidiaries of CEX.IO Holding Ltd.
These materials are for informational purposes only, and are not intended to be used for trading or investment purposes or as an offer to sell or the solicitation of an offer to buy any security or financial product. These materials do not provide any form of advice (investment, tax or legal). CEX.IO is not a registered investment adviser and does not provide investment advice or recommendations to buy or sell securities, to hire any investment adviser or to pursue any investment or trading strategy.
The value of digital and virtual currencies is derived from supply and demand in the global marketplace which can rise or fall independently of any fiat or government currency.
Holding digital and virtual currencies carries exchange rate and other types of risk.
Transactions in virtual currency are irrevocable, and, accordingly, losses due to fraudulent or accidental transactions may result in the loss of your money with no recourse.
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CONTACT: Becky Sarwate CEX.IO (773) 507-3554 R.Sarwate@CEX.IO
