AMSTERDAM, 13 MAY, 2022 - KuCoin, one of the major global crypto exchanges, is listing Dusk Network’s token, DUSK. KuCoin is enabling Deposit and Withdrawals on May 12th, 10:00 UTC, with trading starting on May 13th at 10:00 UTC.
Dusk Network is a layer-1 blockchain protocol for confidential smart contracts, providing a balance between privacy, compliance and auditability. As an open source, and public blockchain businesses from all over the world can use it to tokenize financial instruments and automate complex processes.
Dusk Network is based in Amsterdam and launched their token in 2018 and back then DUSK was the first Dutch project to be listed internationally, on some of the world’s largest exchanges. Now Kucoin, another global crypto exchange has listed the DUSK token, recognising the importance of Dusk Network, listing the DUSK ERC-20 token. KuCoin launched in 2017 and has since gained a lot of traction, growing to be the global cryptocurrency exchange that is known as the “People’s Exchange”, and “the home of crypto gems”. The exchange offers its services worldwide and is one of the most requested exchanges by the DUSK community. Therefore it is with great excitement that we share this listing announcement today.
Dusk Network developers span all across Europe, whilst the core-development company is based out of Amsterdam, the Netherlands. The blockchain aims to address blockchain’s regulation-and compliance concerns, such as MICAr and GDPR, but also MiFID for financial instruments. Kucoin has been opening offices across Europe, strengthening its presence across the globe. To celebrate the listing, Kucoin and Dusk Network will undertake various co-marketing activities in the coming period to highlight the partnership.
Since the launch of Dusk Network’s Testnet ‘DayBreak’ on March 22, 2022 the ecosystem has seen significant interest from the community, developers and aspiring node runners, surpassing 2700 sign-ups. The necessity for on-chain data privacy and selective disclosures based on zero-knowledge technology are gaining industry recognition, further increasing the popularity of the project.
Launched in September 2017, KuCoin is a global cryptocurrency exchange for over 600 digital assets. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 10 million users in 207 countries and regions around the world. In 2018, KuCoin secured $20 million in Round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently the top 5 crypto exchanges. Also, Forbes named KuCoin as one of the Best Crypto Exchanges for 2021. In 2022, The Ascent named KuCoin the Best Crypto Exchanges and Apps for enthusiasts.
Dusk Network is an open source blockchain for financial applications. Data protection and privacy-preservation play a major role in Dusk Network, as well as its design for regulatory compliance. The blockchain is eco-friendly, thanks to its instant settlement finality, and smart contract functionality, it is finally possible to service regulatory-compliant financial applications on blockchain technology.