StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure

2 years ago

A trio of European cryptocurrency firms are teaming up to bolster their integer plus trading offering to institutions.

Crypto speech LMAX Digital and Standard Chartered-backed custodian Zodia Custody are to supply institutional-grade trading infrastructure and custody to integer plus manager CoinShares (CS.ST), according to an emailed announcement connected Wednesday.

CoinShares volition marque usage of LMAX's trading capabilities and Zodia's Interchange product, which allows clients to support their assets connected its platform, portion their holdings are mirrored and disposable connected an speech for trading.

The 3 firms' purpose is to connection organization adopters with the trading infrastructure, information and governance that they would expect successful the accepted concern world, thereby assuaging concerns astir the integer plus manufacture heightened by the events of the past year.

"This associated effort with Zodia Custody and LMAX Digital is aligned with our semipermanent strategy," CoinShares CEO Jean-Marie Mognetti said. "We are committed to signifier a notation modular for integer plus management."

Edited by Parikshit Mishra.

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