ItBit, a crypto token trading platform, has received approval from the New York State Department of Financial Services (NYDFS) to offer trading and custody services for Stellar Lumens (XLM) along with Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). ItBit will start with offering custody, escrow and over-the-counter trading services for these new assets, with platform exchange trading to follow.
The four cryptocurrencies join Bitcoin which ItBit has been offering since inception. The company now offers five of the ten largest crypto assets, representing two-thirds of the total crypto asset marketplace. “We plan to continue to add more assets in the near term,” ItBit’s CEO Chad Cascarilla. He continues,
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