PowerTrade to use Copper.co ClearLoop tech for crypto custody and settlement
PowerTrade will leverage Copper.co’s ClearLoop which enables institutions to trade while maintaining assets in independent custody.
PowerTrade will leverage Copper.co’s ClearLoop which enables institutions to trade while maintaining assets in independent custody.
FXCH operates a real time netted Clearing House model for institutions that trade digital assets on multiple exchanges and OTC venues.
The combined technology of both companies will enable clients to leverage the processes of capital markets for digital asset trading.
ClearLoop ensures that both client and exchange have enough assets allocated to cover any position submitted by a trader before it is opened.
Kbit is one of the first crypto market makers to be available through this new partnership, with more to be announced imminently.