Bitstamp plans to expand its institutional presence in Australia this year

Cryptocurrency exchange Bitstamp is seeking to expand its institutional presence in Australia as the company continues to expand its presence in the Asia-Pacific region.
Bobby Zagotta, Bitstamp's global chief commercial officer, told the Token2049 conference in Singapore: "We see Asia as a great opportunity, with Hong Kong and Singapore as our main markets and our presence in Australia growing. In 2024, we identified Australia as a specific region we want to focus on."
Zagotta explains that from a revenue perspective, Asia currently accounts for 20% of its global business, while Europe accounts for around 65%.