New Delhi: Mudrex, the global crypto investing platform, has recently announced its expansion into the European market. The company has successfully obtained registration as a ‘Virtual Asset Provider,’ enabling it to operate as a registered broker dealer and crypto custodian within the European Union (EU).
In a formal statement, Mudrex revealed that it had launched its flagship product, called ‘Coin Sets,’ in Italy as part of its European expansion strategy. Mudrex has established an OAM (Operations and Asset Management) and a branch office in Milan, Italy to ensure compliance with local regulations. Moreover, the company has also collaborated with prominent influencers and brand ambassadors across Italy, including Surry, Talo, Carmine Migliaccio, and others.
“We are excited about bringing our crypto investing platform to Europe. Our ultimate goal is to democratize crypto investing and make it accessible to everyone. After conducting extensive research on the European market, we have reached a point where we are well-prepared to meet the crypto investing needs of Italian investors. We have prioritized compliance with relevant rules and regulations, ensuring that we meet the high standards established by the EU,” stated Edul Patel, the co-founder and CEO of Mudrex.
Mudrex’s expansion into Europe signifies its commitment to making cryptocurrency investments more inclusive and readily available to a wider audience. The company aims to provide a secure and compliant platform for Italian investors to participate in the crypto market by obtaining the necessary registration and establishing local operations. With their innovative product offerings and strategic approach, Mudrex looks forward to contributing to the growth of the crypto ecosystem in Europe while adhering to regulatory standards.