Bitfrost, a fintech company, announced on Thursday that it had acquired OKONTO, a global institutional crypto over-the-counter (OTC) and lending provider. As a result, according to the press release, the firm will offer cryptocurrency and consulting services to its institutional clients.
As part of the acquisition, Anton Chaschin, Co-Founder of OKONTO, joined Bitfrost as Managing Partner to take the lead of its lending and prime services while expanding licensing and operations across Switzerland, the European Union, Singapore, Gibraltar, and Asian markets.
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