Lisk, the public blockchain platform allowing users to develop decentralized blockchain apps, announced its LSK coin is now listed on crypto exchange bitFlyer. The listing, effective Feb. 1, lets LSK holders to trade against fiat on the exchange.
“Today represents a landmark achievement for Lisk as we build momentum towards our relaunch on February 20th in Berlin,” co-founder and CEO Max Kordek said. “This is a powerful vote of confidence from one of the world’s largest crypto exchanges. For Lisk to be added to such an exchange underlines the strength of our offering, and we look forward to allowing more users to build their own applications from the ground up.”
bitFlyer, the Japanese crypto exchange operator, was recently granted a payment institution license to operate in the European Union. Established in 2014, bitFlyer launched its US operation in last November and is the first crypto exchange to be regulated in Japan, the US, and Europe. To celebrate its European launch, bitFlyer is offering European Union customers zero per cent trading fees as an introductory promotion until the end of February 2018.
“The addition of LSK to the bitFlyer exchange will help strengthen the Lisk community and LSK itself, abetting our mission to simplify the creation of blockchain applications, making blockchain technology more accessible to everyone. It comes at a time when Lisk is approaching new avenues of development and expansion as we prepare for our relaunch on Feb. 20,” Mr. Kordek said.
LSK, the utility token underpinning the Lisk platform, has a market capitalisation of more than $3 billion USD. Lisk conducted what many consider the first modern ICO, raising the almost $6 million USD, which at the time constituted the largest crowdfunding initiative in German history.