Kuantist: A New Generation Crypto Exchange Launches in Turkey

Kuantist, a new-generation crypto exchange, has been launched in Turkey, allowing users to buy and sell Bitcoin and other cryptocurrencies 24/7 using their bank accounts to transfer Turkish Lira. Founded by Serhat Yildiz, who served as the Director of Product Development for Derivative Markets at Borsa Istanbul between May 2019 and June 2021, Kuantist aims to revolutionize the crypto trading experience in the country.

Kuantist: A New Generation Crypto Exchange Launches in Turkey
Kuantist Founder Serhat Yildiz

Kuantist, a new-generation crypto exchange, has been launched in Turkey, allowing users to buy and sell Bitcoin and other cryptocurrencies 24/7 using their bank accounts to transfer Turkish Lira. Founded by Serhat Yildiz, who served as the Director of Product Development for Derivative Markets at Borsa Istanbul between May 2019 and June 2021, Kuantist aims to revolutionize the crypto trading experience in the country.

Kuantist is set to commence operations through its mobile application, boasting a technical infrastructure and trading software developed by a team of experienced Turkish engineers with a background in both traditional and new-generation financial markets. During his tenure at Borsa Istanbul, Yildiz played a pivotal role in launching significant projects such as the Turkish Lira Reference Interest Rate (TLREF), the BIST Money Swap Market, and the BIST Precious Metals Swap Market. Additionally, Yildiz has held crucial roles in treasury and investment advisory at major banks and brokerage firms in Turkey.

Yildiz emphasizes that Kuantist is a legally compliant crypto asset service provider offering a secure trading environment with high liquidity in Turkish Lira trading pairs. "The core objective of Kuantist is to provide benefits to our users through blockchain-centered R&D activities. We continue our blockchain-focused research and development efforts to contribute to the advancement of our country's financial architecture," Yildiz stated.

Regulation and Security Measures

Addressing the newly enacted cryptocurrency law, Yildiz shared his insights on its impact on the industry. "We believe that the regulation will enhance Turkey's potential to lead developments in the crypto asset space, already one of the region's leading countries in crypto adoption. By fostering local market competition, the regulation will improve user experience," he said. To fully comply with the regulation and position itself as a leader in this growing market, Kuantist is focused on enhancing product quality while collaborating with leading organizations both locally and globally. Kuantist has partnered with Fireblocks, a cybersecurity firm certified for crypto asset custody services, and Arvis Teknoloji, a pioneer in identity verification, biometric recognition, remote customer acquisition (KYC), and liveliness detection, to ensure regulatory compliance. "With our technical infrastructure and expert team, we are ready to meet all the requirements of the crypto law," Yildiz added.

Future Plans and New Financial Products

Kuantist aims to evolve into a financial services group by the second half of 2025. Yildiz outlined the company's ambitious plans, stating, "Kuantist will not remain just a crypto exchange. It will be a stakeholder contributing to the widespread adoption of cryptocurrency markets in Turkey and supporting blockchain development processes through R&D activities. We continue to meet and collaborate with the most valuable professionals in the industry, focusing on making our users' lives easier." In September, Kuantist is preparing to announce new financial products for crypto investors in Turkey, further strengthening its competitive edge in the market.

With its innovative services and forward-looking plans, Kuantist aims to become a significant player in Turkey's cryptocurrency market. By providing a secure and liquid crypto trading platform with advanced technical infrastructure and a team of experts, Kuantist seeks to contribute to the development of the financial landscape in Turkey.

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