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Crypto Exchange IronX Launches after $26m Raised in ICO

By Shannon Wilson | April 9, 2019
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Initial coin offerings (ICOs) may not make the news as much as they used to, but Estonia-regulated crypto exchange IronX has publicly launched following a successful $26 million raised in an ICO.

IronX is is a joint venture between multi-asset broker IronFX, and EmurgoHK, the creator of Cardano (native token: ADA). It claims to offer a full range of both crypto and fiat wallet funding options, including fiat-crypto conversions.

Trading is possible in US Dollar (USD), Euro (EUR) and Japanese Yen (JPY) for fiat currencies, as well as digital assets including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Litecoin (LTC), Stellar (XLM), ADA, PumaPay (PMA), NEO, Tezo (XTZ), and IronX’s native token IRX.

We are planning to add more features to our platform on the later stages, together with an increased number of listed cryptocurrencies,” said IronX CEO Dimitris Hatzis.

Meanwhile, a study by IT firm DataLight predicted that Bitcoin could surpass Visa and Mastercard to become the most widely-used payment solution within 10 years, TheCryptoSight reported.

In mid-February, the Global Blockchain Business Council (GBBC) published a survey with 71 institutional investors, including private equity, hedge funds and pension funds, which foresee the adoption of cryptocurrency on a larger scale by 2021, reported Cointelegraph.

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