Tagomi, is a crypto brokerage firm, that intends to act as an agent for larger investors who want to remain anonymous. This week, the New York Department of Federal Services (NYDFS), has approved Tagomi’s application for a virtual currency licence and a money transmission licence. Greg Tusar the CEO at Tagomi Trading LLC stated:
“We are excited that DFS has approved our application as New York’s first agency brokerage for virtual currencies. Our team of industry veterans has developed our order routing services with sophisticated clients in mind, and we look forward to expanding our presence with New Yorkers. We appreciate the DFS’s thorough review and careful approach to virtual currency market participants to make for a more transparent and equitable virtual currency landscape,”CEO, Greg Tusar
Earlier this month Tagomi had secured another $12 million in a second round in funding for infrastructure development. This brings is total funding raised so far to $28 million.