KUALA LUMPUR (May 2): Luno, a digital asset exchange (DAX) licensed by the Securities Commission Malaysia, expands its coin offerings with the launch of Cosmos (ATOM) and Polkadot (DOT).

Cosmos is a decentralised network that provides open-source tools for developers to create their own interoperable blockchains, with ATOM being its native token. It has garnered attention from developers, enterprises and blockchain enthusiasts as it aims to provide a scalable, secure and interconnected ecosystem for decentralised applications (dApps) and services.  

Polkadot is a protocol that connects blockchains, allowing value and data to be sent across previously incompatible blockchain networks. It empowers developers to create customised blockchains, known as parachains, tailored to their specific needs and unlocks new possibilities for dApps and services.

Scarlett Chai, Luno’s country manager for Malaysia, said Luno enables Malaysians to explore and diversify their digital asset portfolio in a safe and secure environment by being the first regulated DAX to introduce ATOM and DOT to Malaysia.

“Luno undertakes a thorough screening process when adding new coins for customers, based on stringent technical, regulatory and legal criteria. Luno always recommends that customers do their research and exercise good judgment,” she said.

She added that Luno users are free to access its unbiased education portal, Luno Discover, to help them in their cryptocurrency journey as they practise responsible investing.

A total of 13 cryptocurrencies are now listed on Luno after the launch of ATOM and DOT.