Binance Backs Malta Stock Exchange's Startup Accelerator
The Malta Stock #Exchange announced today that #Binance is backing its newly launched program aimed at creating an ecosystem to nurture and support #crypto startups and entrepreneurs. The program will be accepting 12 Fintech startups to use the facilities.
Joseph Portelli, the chairman of the Malta Stock Exchange, said that the program has guaranteed "easy access" for both domestic and foreign businesses.
"It is clear that Malta is becoming a fintech and blockchain center of excellence," Portelli added, following the announcement of the partnership.
The exchange's official Twitter account tweeted this morning that it will be accepting up to 12 Fintech startups to utilize the facilities in the newly-established program.
"We moved our operations to Malta precisely because it has demonstrated its progressive approach to supporting and developing the crypto and blockchain industry. Malta is creating a safe and legislated environment for the industry to become reputable, attracting companies like ours and many others," Binance said in a statement.