Hong Kong-based ANXPro, one of ANX’s trading platforms, and The Rock Trading Company, based in Malta, have partnered with Vogogo to handle payment processing. The integration is expected to go live in Q1 2015, targeting the Canadian, US and European markets.
Vogogo is publicly traded on the TSX Venture Exchange. The company has recently enjoyed impressive growth, with its stock price increasing multifold during the past year and a market cap now worth $114 million.
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The company aims to bridge the gap between the fiat banking world and crypto exchanges, which often encounter difficulty in securing banking services. They take on the load of risk management, compliance and security for payments processed, allowing the exchanges to focus more on their business strategies.
In late September, Vogogo also partnered with Canadian bitcoin exchange CoinTrader, giving Canadians another option for making deposits. A few days prior to that, they partnered with popular altcoin exchange Crytpsy to handle its USD and CAD payment processing.
The Rock Trading Company supports trading with USD, EUR and GBP against digital currencies including bitcoin, litecoin, namecoin, dogecoin, peercoin and XRP. Commissions can be as low as 0.075% depending on traded volume.