Bank Veteran Shrugs Off Turmoil With Crypto Startup

  • Tokyo-based FXcoin to start Bitcoin trading services in May
  • Wants to create swaps market for crypto assets to offer hedges
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A former Deutsche Bank AG veteran’s Japanese cryptocurrency exchange is poised to start trading services just as Bitcoin shows signs of a recovery from coronavirus-fueled turmoil.

More than two years after its foundationBloomberg Terminal, FXcoin Ltd. plans to offer Bitcoin transactions on its platform from May, it said in a statement Thursday. The firm has recently begun accepting applications from customers who want to open accounts.