Blockchain
Okcoin Partners with PrimeXM, Becomes First Cryptocurrency Exchange to Use Industry-Leading Trading & Aggregation Engine
Okcoin, one of the world’s largest and fastest-growing cryptocurrency platforms, today announced a partnership with PrimeXM, a leading provider of low-latency connectivity, aggregation, and B2B trading technology. With the integration of PrimeXM’s XCore technology, Okcoin is the first cryptocurrency exchange to become a liquidity provider in the XCore community, a global marketplace of 250+ institutional maker and taker firms that transact on average more than $55 billion per day in foreign exchange (FX), spot metals, contract for differences (CFDs), futures, stocks, and exchange-traded funds (ETFs).
Okcoin can now roll out hundreds of B2B/FIX API connections to financial institutions, giving standardized access to trade in digital assets to more brokers, hedge funds, family offices, proprietary trading desks, and e-trading platforms. Members of the PrimeXM XCore community—which includes CMC Markets, FXCM, Swissquote, and UOB Kay Hian, among other leaders—have the freedom to choose their trading counterparties in a cost-efficient manner. Okcoin will offer 24/7 connectivity and access to crypto investing and trading with a seamless experience for institutions using their existing technology stack.
“We’re pleased to team up with PrimeXM to make crypto more accessible,” said Khairi Azmi, Okcoin General Manager for Singapore and Head of Sales for Asia. “The demand among institutions for crypto solutions is at an all-time high, making the integration of XCore a natural step for us to take. We look forward to bridging the gap between institutional trading and digital assets as part of the XCore community.”
“We are excited to welcome Okcoin as a crypto exchange liquidity provider into our growing XCore trading community, enabling them to service their institutional clients with our technology,” said Sam Su, PrimeXM Business Development Manager for Asia. “We look forward to working with the Okcoin team to establish new ‘win-win’ opportunities while connecting the booming digital assets market with traditional financial and e-trading platforms.”
Okcoin is a regulated crypto exchange made up of both the central limit order book system and OTC, supported by market participants from institutions and retail partners globally. Known for its low fees and transparent price discovery, Okcoin’s platform offers segregated wallets/subaccounts, leverage, post-trade settlement, and an unparalleled depth of crypto liquidity for institutions to complete their crypto purchases and trades. For more information, please visit okcoin.com/institutions.
Blockchain
Torram Unveils Groundbreaking Infrastructure Tailored to Usher in a New Era of Bitcoin DeFi
Blockchain
CertiK Co-Founder, Ronghui Gu, Delivers Keynote Speech at 2024 Singapore FinTech Festival
Blockchain
PropW Announces Gold Sponsorship at WOW Summit Thailand
-
Blockchain5 days ago
Accredited Solutions, Inc. Announces Strategic Acquisition of GlobeTopper, a $37M Revenue Platform Acquisition to Anchor Fintech Strategy
-
Blockchain Press Releases3 days ago
HTX Ventures: Fueling Exchanges’ Transformation into Hubs for DeFi-related Services through Education and Diversification, Empowering investors to Manage Risks and Liquidity in a Volatile Market
-
Blockchain4 days ago
Bybit Receives Georgian VASP License, Strengthening Global Regulatory Presence
-
Blockchain5 days ago
DIGZAX Enhances Collaborative Security System, Pioneering New Heights in Cryptocurrency Trading
-
Blockchain Press Releases5 days ago
HTX Ventures: Crypto’s Impact on 2024 U.S. Election Dynamics
-
Blockchain Press Releases5 days ago
WSPN Partners with Viction and Ninety Eight Ecosystem to Boost WUSD Adoption and Expand Market Reach
-
Blockchain Press Releases4 days ago
WSPN and Ample FinTech Join Forces to Advance Enterprise-Grade Web3 Payment Solutions
-
Blockchain Press Releases2 days ago
Modern Lion and Hyundai Card Partner with NEAR Protocol to Revolutionize Concert Culture with Web3 Integration