24X has completed a spot Bitcoin trade on its institutional-grade multi-asset platform, with Standard Chartered as the liquidity taker and Cumberland DRW as the liquidity provider. The platform becomes one of the few venues offering both crypto spot and FX trading on the same infrastructure, with plans to rapidly expand its crypto spot product offerings.
24X has announced the completion of a spot Bitcoin trade on its institutional-grade multi-asset platform, with Standard Chartered acting as the liquidity taker and Cumberland DRW as the liquidity provider.
This makes the platform one of the few venues capable of offering both crypto spot and foreign exchange trading on the same infrastructure. 24X stated it plans to rapidly expand its crypto spot product offerings. The counterparties noted that the collaboration demonstrates the ability of regulated banks to bridge traditional finance and digital assets.
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