Hong Kong-based Octagon Strategy, commodities and digital assets trading house, announced the formal commencement of digital currency Ethereum trading on its OTC trading desk.
The addition of ETH trading marks the first time the asset is available to buyers in an easy and simple way in Hong Kong.
“This new offering further solidifies our position as Asia Pacific's leading digital asset trading desk. Whilst our largest traded asset remains bitcoin, we are observing buyers diversifying into other digital assets. Recent news coverage and high prices have driven interest in the wider digital assets sector. In the past year, the total market cap for Ethereum has risen from $875 Million USD to over $4.5 Billion USD. Savvy buyers have been clamoring for access to the market and the challenge for interested parties has traditionally been the difficulty to enter. At Octagon Strategy we believe we have the solution to that,” Ryan Rabaglia, Head Trader at Octagon Strategy, stated.
Founded in 2015, Octagon Strategy is a privately-owned company specializing in commodity and digital asset trading across international markets. Octagon focuses on digital assets like bitcoin, Dash, among others.
The new digital asset trading launch offers the company, greater opportunities to pursue in its goals and services. The Octagon Strategy has customers across more than 20 countries with the majority based in the US, Asia and in Europe.