The Stratis platform, specializing in blockchain development, recently obtained a VASP license in Spain, marking a significant step in its advancement within the cryptographic space. This event underscores the company's efforts to comply with international regulatory requirements amidst increasing regulatory pressure on the crypto industry. In light of this news, the platform's native token, STRAX, has shown significant growth over the past 24 hours, reflecting optimism among investors and traders.

The Bank of Spain has officially granted Stratis a VASP license, enabling the company to join a roster of major market players such as Binance, Crypto.com, and Coinbase, already included in Spain's VASP registry. This achievement opens up new opportunities for Stratis in the European market.

Additionally, Binance has completed the process of token exchange and denomination for Stratis tokens, thereby expanding support for STRAX. Spot trading for STRAX/BTC, STRAX/USDT, and STRAX/TRY pairs has commenced today, further solidifying the token's position in the market. Binance also plans to add STRAX to its Binance Loans program, starting tomorrow, undoubtedly increasing market participants' interest in the token.