FinTech Company Juno Resuming Operation After Scaling Down in January
The Singapore-based crypto firm Juno has announced plans to resume providing crypto services after halting the services in January. Juno declared on February 6 that its partnership with the leading crypto exchange Zero Hash would improve the user experience. The firm aims to develop a secure platform that would push Juno to the pinnacle point.
Juno Returns to Operation
In early January, Juno urged customers to sell their assets since the company was transitioning to a new custodian, citing the liquid crutches facing the previous custodian Wyre. The crypto bank revealed that transferring customer assets to the new custodian would be executed quickly.
Afterward, Juno was compelled to scale down operations to formulate strategic moves with its new custodian Zero Hash.
A press release issued by Juno’s chief executive Varun Deshpande on February 6 confirmed that the company would return to operation with new changes. Deshpande restated that last year’s crypto market headwind tasked the firm to invest in improving its products. He stated that Juno is a compliant platform that offers secure transactions.
New Feature in Juno Platform
According to Deshpande, the entity had added distinctive features that would support the customers using 35 crypto assets. Such cryptocurrencies include Solana (SOL) and top meme coins Shiba Inu (SHIB) and Dogecoin (DOGE).
He restated that the Juno platform has integrated a rewarding system that will compensate users trading using dollars on non-stablecoin tokens.
Moreover, Deshpande confirmed that Juno would offer a cost-efficient platform by allowing users to trade at minimum trading charges. The company confirmed to minimize the cost incurred in issuing tokens.
In the meantime, Juno prioritizes restoring halted crypto paychecks services and L2 redemption services.
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