Bibox Europe Gives Coinbase Competition; Offers Fiat On-Ramp for Traditional Investors After Equity Backing from Top Bank By Cryptovest

Bibox Europe Gives Coinbase Competition; Offers Fiat On-Ramp for Traditional Investors After Equity Backing from Top Bank

Bibox EU is making forays into linking digital assets with the world of traditional finance. The market operator has secured full regulatory compliance, making it capable of offering reliable fiat-to-crypto services for retail and institutional investors.

“Bibox EU allows easier access to digital assets by supporting fiat currency to crypto brokerage service and provides a reliable platform for all investors to build their own crypto portfolio. And we are regulated and compliant with Swiss banks and insurance companies having its back”, Bibox’s cofounder Aries Wang said.

In addition to the success of setting up a fiat gateway, Bibox EU has secured a funding round, through an equity investment coming from one of the top 10 banks in the world. Additionally, Bibox EU has access to the service of multiple Swiss banks, allowing it to support transactions within the regulatory framework.

Bibox thus follows the late…

This article appeared first on Cryptovest

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