Binance, the blockchain company behind the world’s largest digital asset exchange, and CM-Equity AG, a leading German investment firm providing asset management and brokerage services for crypto assets, have partnered to expand services for German and European customers.
Through this partnership, crypto traders and investors in Germany and Europe are able to use Binance and CM-Equity, a fully regulated German investment firm that is licensed by the German Financial Supervisory Authority (BaFin) to operate proprietary trading and brokerage services. By using CM-Equity’s services, Binance users in Europe will be able to further trade crypto assets and other financial products with state-of-the-art infrastructure and the highest security standards.
“By joining forces with CM-Equity, Binance will be able to broaden our services in Europe while ensuring compliance with local regulations,” said Changpeng Zhao, CEO of Binance. “We are looking forward to a long-term partnership with CM-Equity to grow the digital assets industry in a sustainable way and expand our offerings for European clients.”
“Binance offers the best trading experience in the market and we are thrilled to collaborate with the world’s number one,” said Michael Kott, CEO of CM-Equity. “Our fully licensed digital assets platform will benefit from the best liquidity and frictionless service offered by Binance.”
In addition Binance as well in Europe announced the official rollout of its Binance Card in Europe and the United Kingdom (UK), enabling users to convert and spend their BTC, BNB, SXP and BUSD to fiat at over 60 million merchants across 200 regions and territories worldwide.