NAGA Group AG today announced the launch of its new social trading crypto platform NAGAX, scheduled for March 2022.
At launch, NAGAX will have a crypto wallet, as well as a crypto exchange with more than 50 assets.
Benjamin Bilski, founder and CEO of NAGA Group AG, commented:
Thanks to years of experience as a market maker, connected to a wide variety of liquidity pools, we feel we are ideally positioned to offer a top service in physical crypto trading. NAGAX will offer fast, secure and affordable trading. We expect that the focused crypto division will be able to generate more revenue than the existing brokerage business in the next 18 to 24 months.
The new exchange will also feature a personal newsfeed and a platform for crypto influencers.