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Sygnia Crypto Exchange Announced Its Launch

The South African crypto exchange SygniaSoin is ready for launch. Bitcoin.com reports that the investor Sygnia Ltd., based in Johannesburg, South Africa, is ready to be launched it in the second half of this year.

According to representatives of SygniaSoin, the organization will be able to guarantee the investment platform, the international infrastructure, the detailed protection system and the integration in the field of standard investment products.

Sygnia General Director Magda Vejicka noted that this market continues to develop in an accelerated mode not only at domestic but also international levels. She is sure that the crypto exchange is one of those initiatives that give the company a powerful impetus to development. And in the near future, the exchange will be able to help in business, distribution and development.

Currently, the management of Sygnia Ltd., whose offices are located in Cape Town, Johannesburg and Durban, has assets of 184 billion rand, or about 14.7 billion US dollars.

Earlier, the Japanese financial company Money Forward Inc. announced the desire to launch crypto exchanges.