Revolut to Introduce Crypto Exchange Targeting ‘Advanced Traders’
Digital bank Revolut is set to release a cryptocurrency exchange targeting “advanced traders,” according to an email sent to customers that was seen by CoinDesk.
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Digital bank Revolut is set to release a cryptocurrency exchange targeting “advanced traders,” according to an email sent to customers that was seen by CoinDesk.
Participants in the raise include Wintermute and Amber, in addition to other notable liquidity providers.
Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud.
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.
Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.
Crypto exchange Binance has decided to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement.
The long-awaited Nasdaq-style national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.