Liquid is a Japanese cryptocurrency exchange platform operated by fintech company QUOINE. It allows for the trading of digital assets such as Bitcoin, Ethereum, and multiple fiat currencies. The platform is fuelled by the QASH utility token, which provides access to Liquid’s services along with discounts and other additional benefits. QASH tokens have a total supply of 1 billion and a calculating supply of 350 million.
Parent company QUOINE was founded in 2014 and in the same year, launched a fiat-to-crypto trading platform called Quoinex. Two years later it opened headquarters in Tokyo, Japan, and secured $20 million in venture capital funding. QUOINE has further offices in Singapore, Vietnam, and the USA.
In 2017 QUIONE held an Initial Exchange Offering (IEO) and raised $100 million in QASH. In the same year it launched Qryptos, a crypto-to-crypto exchange, and became the first global cryptocurrency firm in the world to be officially licensed by the Japan Financial Services Agency.
QUIONE launched the Liquid web application in 2018 to provide trading, exchange, and related financial services powered by blockchain technology. A year later, the exchange announced that it had raised $1 billion capital from investors including JAFCO, SBI, B Dash Ventures, Mistletoe, and ULS Group and has announced plans to focus on compliant expansion into the USA.
Behind QUOINE are co-founders Mike Kayamori and Mario Gomez-Lozada. Mike was previously a Senior Vice President at SoftBank Group, managing its Asia operations and Chief Investment Officer of Gungho Asia, the creator of Puzzle and Dragons.
Mario was the Japan Chief Information Officer and Head of Fixed Income IT Asia at Credit Suisse (CS) and CTO of Merrill Lynch in Japan, responsible for all aspects of the bank’s IT pertaining to the Fixed Income, Currencies and Commodities business.Read More
Liquid is a cryptoasset exchange located in Japan. Their volume over the last 24 hours is $230.48M. The exchange is rated “A” which means “Transparent.” They allow trading with the following fiat currencies: AUD, CNY, EUR, HKD, IDR, INR, JPY, PHP, SGD, and USD.