Bittrex, a US-based cryptocurrency exchange platform, has announced its investment in Palladium, a blockchain firm based in Malta. This investment is the latest in a series of partnerships and collaborations between the two companies.
Details of the Investment Deal
According to the Times of Malta, the investment deal sees Bittrex buying up a ten percent stake in Palladium.
Bittrex now joins Unikrn and Investar Holdings as the other shareholders in the company. The former owns 15 percent while the latter, a holding company owned by Prof. Paolo Catalfamo, holds the remaining 85 percent.