Binance partners with CM-Equity to bolster European expansion

By Megha Bhattacharya

Global blockchain company, Binance has announced a strategic partnership with German investment firm CM-Equity AG in a bid to expand its services for German and European customers. The partnership is expected to enable crypto traders and investors in Germany and Europe to leverage the companies’ capabilities and 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.”

Germany-based CM-Equity is a fully compliant Investment Firm operating with a license from the German Financial Market Authority BaFin.

Binance is a blockchain and cryptocurrency infrastructure provider with a financial product suite that includes a digital asset exchange by volume. The company offers crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.

“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.”