Founded in 2014 as Quoine, Liquid Group aimed to provide a secure, regulated, and advanced trading platform for cryptocurrencies. The company operated licensed subsidiaries in Japan (Quoine Corporation) and Singapore (Quoine Pte. Ltd.), establishing a strong presence in the Asian market. In early 2022, Liquid Group was acquired by the global crypto exchange FTX to collaborate on regulatory compliance and product offerings in the Japanese market. However, following FTX's widely-publicized liquidity crisis and subsequent Chapter 11 bankruptcy filing in November 2022, Liquid was forced to halt all withdrawals and trading services, trapping customer funds within the broader FTX collapse.

Founded in

Singapore