Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Official launch of Liquid, a new crypto platform opening up liquidity for crypto markets worldwide


News provided by

Quoine

07 Sep, 2018, 13:51 GMT

Share this article

Share toX

Share this article

Share toX

- Liquid accessibility to bolster sector-wide liquidity -

TOKYO, Sept. 7, 2018 /PRNewswire/ -- Global fintech company Quoine this week unveiled Liquid, a cryptocurrency one-stop trading portal, which will allow users to access a worldwide network of cryptocurrency exchanges.

At launch, Liquid allows users to match trades across multiple transactions and cryptocurrencies. For example, the orders of BTC/SGD, ETH/SGD and BTC/ETH can be matched together. This is expected to greatly increase the liquidity of all available cryptocurrencies on Liquid.

This image opens in the lightbox
Liquid Launch message from Quoine CEO Mike Kayamori

In subsequent stages, Liquid will offer a World Book technology that aggregates the orders and prices on various exchanges into a single highly liquid and tradable order book and allows orders to be placed in the currency of one's choice.

A fragmented trading landscape and lack of liquidity have hampered the development of the cryptocurrency markets. Liquid will facilitate market stability, enhance liquidity and empower a new wave of digital asset traders to buy and sell tokens safely.

Quoine is the first global cryptocurrency exchange to be officially licensed by the Japan Financial Service Authority (FSA) for its Japanese operations. Moreover, Quoine's existing trading platforms, Qryptos and Quoinex, are among the most advanced in the world. The existing digital currency exchange and trading platforms will merge into the new Liquid portal, providing access to liquidity pools sourced by a unified platform.

Currently, Quoine processes annual transactions worth over $50 billion and are amongst the top crypto-exchanges in the world [1]. In November 2017, Quoine successfully raised USD105M in an oversubscribed ICO, to fund the growth of the Liquid platform.

A fragmented and non-liquid crypto economy

Crypto exchanges offer an overlapping variety of cryptocurrency pairs. However, the fragmented trading landscape has led to price and volume discrepancies, creating individual currency silos, with greater liquidity on one exchange not reflected on the other. As liquidity and the best price constantly shifts from exchange to exchange around the world, it creates substantial price volatility and accessibility issues for traders.

"Cryptocurrency markets need stability. This year, the 30 day BTC/USD volatility index [2] has been above 3% for almost the entire year, with highs topping 8% at the start of the year. Liquid is paving the way to a less volatile future by improving liquidity within the cryptocurrency ecosystem," said Mike Kayamori, Co-Founder and CEO of Quoine.

"However, Liquid is more than just a cryptocurrency exchange. Liquid is an all-in-one platform that will bridge the gap between traditional finance and the token economy. We offer everything you need within our suite of services, while our underlying tech will help connect a global crypto community."

Introducing Liquid Platform

Liquid's World Book will provide liquidity with its matching engine technology, which matches orders to ensure traders can always buy and sell into healthy order books.

Photo - https://mma.prnewswire.com/media/740865/Liquid_new_crypto_platform.jpg

Liquid's World Book comprises an internal and external book:

Internal Order Book: At launch, the order book contains FX-adjusted orders for all orders placed by users internally within Liquid platform.

External Aggregated Order Book: Moving forward, the external order book will eventually contain all other orders (but FX adjusted) that exist throughout the world other than those placed in Internal Order Book. Each order in this book is linked to an order on the various exchanges internationally.

The World Book is driven by three technologies that have been utilised extensively by Quoine daily, powering the existing QUOINEX and QRYPTOS trading platforms and cryptocurrency exchanges:

  1. Matching Engine (ME): The engine is capable of processing several million transactions per second, making it one of the most advanced matching engines in the industry.
  2. Cross Currency Conversion Engine (CCCE): The CCCE allows for near-instant, automated currency conversions between cross currency pairs.
  3. Smart Order Routing (SOR): The technology maintains low-latency, real-time (R/T) feeds for all major exchanges throughout the world.

In the first phase of the launch, Liquid is introducing new and refined features such as:

-       Internal Order Book that will enable the matching of orders across orders books with different trading pairs
-       Upgraded Matching Engine that processes up to several millions of transactions per second
-       Improved User Interface (UI) which includes a Markets page allowing users to explore spot markets
-       Advanced Features allowing users to execute iceberg orders
-       Advanced Margin Trading allowing users to view unrealised penalties
-       Lending feature allowing hodlers to earn interest on their crypto assets
-       ICO Market 2.0 allowing users to access ICO token sales, private sales, and project analyses

Quoine will continue to roll out the following features in progressive phases:

  • External Aggregated Order Book that can aggregate the orders and prices on the world's various exchanges into a single highly liquid and tradable order book
  • New KYC process enabling withdrawals under certain limits to be done without KYC
  • Use of credit card to fund accounts
  • Quick deposit/withdrawals of funds
  • Mobile app on Google and Apple app store

Fuelling the platform will be a utility token called the QASH token, which grants access to the full suite of services on Liquid, along with discounts and additional benefits.

"Quoine aims to provide liquidity to the non-liquid crypto economy. With the launch of Liquid, Quoine is building a solid, global financial utility. An advanced platform the entire crypto economy will use to great advantage; where anyone can participate as users and token holders," said Mario Gomez Lozada, Co-Founder, President and Chief Product Officer of Quoine.

[1] According to CoinmarketCap rankings

[2] According to buybitcoinworldwide.com

ABOUT QUOINE

Quoine is a leading global fintech company that provides trading, exchange, and next generation financial services powered by blockchain technology. With offices in Japan, Singapore and Vietnam, Quoine combines a strong network of local partners with extensive team experience in banking and financial products to deliver best in class financial services for its customers. More information is available at www.quoine.com

In 2014, Quoine launched Quoine Exchange, later known as Quoinex, which became one of the largest bitcoin exchanges in the world by transaction volume.

In June 2017, Quoine launched a cryptocurrency-only exchange and trading platform called Qryptos, exclusively for cryptocurrency trading. Both Quoinex and Qryptos offer powerful trading features, a sophisticated user dashboard, secure cold wallet storage and KYC compliance for individual and corporate customers.

In September 2017, Quoine Corporation became the first global cryptocurrency exchange to be officially licensed by the Japan Financial Services Agency for its Japanese operations.

In October 2017, Quoine became the first licensed global cryptocurrency exchange in Japan to launch a global Initial Coin Offering (ICO), also known as the QASHToken Sale.

In November 2017, Quoine successfully raised 350m QASH (the equivalent of 350K ETH or ~USD105m) in an oversubscribed ICO, to fund the growth of the Liquid platform. As part of the Liquid platform development,  Quoinex and Qryptos will be merged into Liquid.

As at July 2018, both Quoinex and Qryptos exceeded USD50 billion in combined transaction volumes in the past 12 months.

In September 2018, Quoinex and Qryptos was merged and relaunched as Liquid. Liquid is powered by Quoine's World Book, which provides customers enhanced price matching and deeper liquidity for various fiat and cryptocurrency pairs. More information can be found at: https://liquid.com

MEDIA CONTACT DETAILS

Quoine Contact Person: Renee Tng
Email: renee.tng@quoine.com
Corporate Website: https://quoine.com
Liquid Website: https://liquid.com 
Telegram Community: https://t.me/Quoine

Video - https://www.youtube.com/watch?v=t8BlObE0EK4

Related Links

http://www.quoine.com

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.