Nauticus, a blockchain project for financial services and e-commerce, announced that Nautica Group has been appointed as an authorised representative of an Australian Financial Services (AFS) licensee, according to its media site.
Nautica Group would be able to provide financial services to clients by dealing in certain financial products, given its authorisation.
Nauticus CEO Bryan Ng was cited as saying that this is an important step towards the completion of our six banking and eCommerce solutions.
Nauticus’ Exchange, which is its core project, is registered as an Exchange by Australian Regulatory Authority (AUSTRAC), and its Exchange service will be available with 100 cryptocurrencies, along with 7 fiat currencies.
Jonathan Chang,Nauticus COO, was also cited as saying that this announcement came just in time for the launch of Nauticus Exchange Beta.
Meanwhile, Nauticus also announced its new official site.