The CEO of Matrixport in Switzerland, Hui Wang, says that Matrixport’s new office in Zurich will not act to simply refer clients to Asia, but will provide full service to European clients.
The report also notes that Bitmain’s Swiss subsidiary, Bitmain Switzerland is set to shut down. The branch was launched in late 2018 to boost the company’s global reach alongside other operations in:
Bitmain’s Global Reach
In September, Bitmain announced that it will launch the World Digital Mining Map, a platform to connect global crypto miners with farm owners.
During late October, Bitmain and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to boost Bitmain’s international expansion that will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW.
Source: swissinfo.ch | cointelegraph