At a conference on “Crypto Market and Future Opportunities,” CEO of the cryptocurrency exchange Binance, CHangpeng Zhao (CZ) said that his firm is willing to tie up with the Malaysian crypto exchanges to expand the industry in Malaysia and to create awareness amongst the public.
The conference was organized by MX Global Sdn Bhd which is a native crypto exchange platform of Malaysia and held at the Putrajaya Marriott Hotel in Malaysia. The event was attended by almost 250 guests most of whom were the players in the local cryptocurrency market and many participants were from the Securities Commission Bursa Malaysia.
Dato’Fadzli Shah, the CEO of MX Global said that currently, Binance is the most robust and widely used platform in the globe and his company can make use of Binance’s trading activities to keep the market safe on its platform.
Prior in March, to build brand image and awareness, and to introduce new innovations to Malaysia within its regulatory framework Binance hold a stake in MX Global. But Binance did not disclose the amount or the percentage of the stake. While Cuscapi revealed that it has invested more than 2.1 million dollars.