Today London-based digital asset startup Pure Digital announced it would be using State Street’s Currenex foreign exchange technology for its digital currency trading platform. Pure Digital is planning an institutional platform that will adopt FX-industry standard APIs for digital assets and cryptocurrencies, which will launch mid-year.
“We are excited to partner with Currenex, an industry leader in FX, on this initiative as we work to transpose FX infrastructure to the crypto space via a bank-led consortium,” said Lauren Kiley, CEO of Pure Digital, in a blog post.
The news isn’t fundamentally different from past news about Nasdaq’s technology platform, which has also been used for digital asset trading.
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