Zonda recently expanded into Italy and won a regulatory approval to operate in Canada.
According to a news release, Zonda, a regulated cryptocurrency exchange registered in Estonia, has expanded its services to Denmark.
According to the company, it will have its Danish office in Copenhagen, with a team of developers at the location working under Zonda CTO Jakob Lundqvist.
The team will use the new location to advance Zonda’s technological ambitions and market equipment as it caters to both retail and corporate customers.
Zonda eyeing European expansion
Founded in 2014, the exchange is the largest in Eastern and Central Europe, currently serving over 1 million users and offering over 60 cryptocurrencies.
Customers can buy or swap any coins and tokens supported with crypto (Bitcoin (BTC) and Ethereum (ETH)) and major fiat currencies Euro, British Pound, US Dollar and Polish Zloty (PLN). The exchange also supports the stablecoins Tether (USDT) and USD Coin (USDC).
The exchange also offers a retail-focused service through the ZondaPay app and provides training and other educational services on crypto through its Zonda Academy.
Therefore expansion in Denmark opens the stage for further development across the continent. Recently, the exchange expanded into the Italian market and is eyeing registration and licenses for the United Kingdom and Switzerland.
Beyond the continent, the company has regulatory approval to offer its services and products in Canada.