Cryptocurrency exchange Kuna shifts focus to institutional clients

The head of Ukrainian cryptocurrency exchange Kuna, Mikhail Chobanyan, said that the company will shift its priorities to work with corporations and financial institutions.

At the same time, the cryptocurrency exchange will continue to serve retail clients, as the founder of Kuna explained.

Chobanyan also said that the exchange is considering several banks in Ukraine and the European Union as partners for fiat money storage and due diligence, according to the ForkLog website.

Although the exchange is based in Ukraine, it may leave the Ukrainian hryvnia market because it considers Europe and developed countries, excluding the U.S., its priorities. The company has licenses to operate in Lithuania and Canada and intends to start trading in pairs with the euro, US dollar, and Polish zloty.

Kuna Cryptoexchange will continue to provide a full range of services to clients in Ukraine.

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