Zhao notes how many major technology firms have been slow to open a New Zealand office. “I guess for some, it’s easy to overlook as it’s a smaller market, but we see significant value in having a serious New Zealand presence,” Zhao adds.
Binance launched its crypto exchange officially in New Zealand on Sept 30, following its registration approval as a financial service provider in the country on Sept 10.
“The history of fintech innovation in New Zealand is very well known, with one of the earliest and most rapid uptakes of digital transactions in the world,” says Chang Peng Zhao, Binance founder and CEO, in a statement.
