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Mexico’s biggest Bitcoin exchange, CoinDesk, has announced plans to launch its own digital currency exchange in the United States.
CoinDesk will launch its website in a matter of weeks, as a partnership with Coinvest, a US-based startup that focuses on blockchain solutions, Coinvest said.
CoinDesk, which recently received $100,000 in funding from Andreessen Horowitz, said it will allow users to buy and sell Bitcoins on Coinvest’s platform.
The service will provide a platform for people to invest in Bitcoin, CoinVest said.
The launch of the exchange will be announced on Tuesday, the company said in a statement.
Coinvest has raised $35 million in funding.
The CoinDesk service, which will operate in three phases, will initially focus on providing the services of a single exchange to Bitcoin users.
Users will be able to buy, sell, or trade Bitcoin through Coinvest on CoinDesk and vice versa, CoinMarketCap said.
CoinVee, a rival exchange, plans to provide a similar platform.
Coinvest’s CEO, Eric Gulland, told CoinDesk in February that the service would launch in a few months.