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Bitstamp plans to expand its institutional presence in Australia this year.

Cryptocurrency exchange Bitstamp is looking to expand its institutional presence in Australia as the company continues to expand its presence in the Asia-Pacific region, the network reported.。Bobby Zagotta, global chief commercial officer of Bitstamp, said at the Token 2049 conference in Singapore: "We see Asia as a great opportunity, with Hong Kong and Singapore being our key markets and our business growing in Australia as well.。In 2024, we identify Australia as a specific region we want to focus on。Zagotta explained that from a revenue perspective, Asia currently accounts for 20 percent of its global business, while Europe accounts for about 65 percent.。

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