Cryptocurrency exchange Bitstamp is seeking to expand its institutional presence in Australia as the company continues to expand its presence in the Asia-Pacific region. Bobby Zagotta, Bitstamp's global chief commercial officer, told the Token2049 conference in Singapore: "We see Asia as a great opportunity, with Hong Kong and Singapore as our main markets and our presence in Australia growing. In 2024, we identified Australia as a specific region we want to focus on." Zagotta explains that from a revenue perspective, Asia currently accounts for 20% of its global business, while Europe accounts for around 65%.