IBFX Founder Launches Cryptocurrency Brokerage Service

CoinZoom has selected BitGo as its digital wallet security provider.

Todd Crosland, founder and former CEO of Interbank FX (IBFX), says he is ‎launching a cryptocurrency brokerage service called CoinZoom‏.‏

The bespoke service enables clients to buy, sell, and store some of the ‎largest cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Dash. ‎Through its trading platform, trades are brokered and supported by institutional grade trading tools. ‎

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CoinZoom aims to provide a seamless infrastructure that allows investors to access ‎cryptocurrencies across the spectrum of the asset class. The company’s core team ‎comes with decades of regulatory compliance experience, as well as a vast expertise in ‎providing brokerage services. It also leverages the founders’ experience to shadow operational requirements for analogous businesses in ‎traditional financial services.‎

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CoinZoom has selected BitGo as its digital wallet security provider. BitGo’s technology handles security, compliance and custodial issues associated with ‎blockchain-based assets.‎

Crosland said that CoinZoom’s‎ trading platform also offers social trading capabilities, ‎appropriate risk and liquidity management, alongside maintaining ongoing relationships with reputable liquidity providers.‎

CoinZoom currently offers demo accounts for clients keen to try their hand at trading ‎cryptocurrencies before engaging in real dealings, which is set to launch later this summer. ‎The trading platform is available as mobile, desktop, and web versions.‎

Commenting on the new, Todd Crosland, said: “We are excited to announce the launch of CoinZoom, our new digital currency trading ‎brokerage firm. The CoinZoom team has extensive global trading experience and proven ‎capabilities in designing, building and operating a global financial services company. We ‎have “done this before” in foreign exchange markets and are using our know-how to ‎build a reliable, safe, compliant and innovative digital currency trading platform.‎”

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