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Luno to add Cardano, Solana cryptocurrencies onto digital asset exchange's platform

Luno to add Cardano, Solana cryptocurrencies onto digital asset exchange's platform
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KUALA LUMPUR (Sept 14): Malaysian digital asset exchange operator Luno said on Wednesday (Sept 14) it will add the Cardano cryptocurrency onto its platform next Wednesday (Sept 21), and Solana on Oct 6, to further expand the range of investible digital assets on the platform.

“As big advocates of building for the long term, we believe it’s important to give customers access to newer crypto applications that have a promising future," Luno country manager Aaron Tang said in a statement.

Tang said that in a constantly evolving cryptocurrency landscape, Luno wants to inculcate financial literacy among Malaysians by promoting a stronger understanding of digital assets and investment.

"More importantly, we want our investors to be able to progress in their crypto journey with Luno, with the peace of mind that comes with the rigorous security that customers rely on from Luno”, he said.

Luno, which is regulated by the Securities Commission Malaysia, said in the statement the planned additions of Cardano and Solana will bring the number of cryptocurrencies traded on its platform to nine.

According to its website, existing cryptocurrencies transacted on the platform include bitcoin, Ethereum and XRP.

Chong Jin Hun