Millions of Crypto Traders Beckon a Brokerage Newcomer in Turkey
- BtcTurk hopes millions of crypto traders will trade stocks too
- Brokerage Eliptik Yatirim plans to launch in the first quarter
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The owners of one of Turkey’s biggest crypto exchanges have established a securities brokerage, offering its millions of clients new options to satisfy their trading itch.
Istanbul-based BtcTurk emerged largely unscathed from a crisis half a year ago when two local cryptocurrency exchanges crumbled in the space of a few days. It now wants to parlay demand for digital assets into new areas like stocks, according to BtcTurk Chief Executive Officer Ozgur Guneri.