B2Broker says liquidity on the exchange is granted by forty brokers that will support it as soon as it is
B2Broker, an aggregator and provider of turnkey, cloud, and liquidity solutions for the FX industry, is planning to launch an ICO (Initial Coin Offering) for B2BX – a new cryptocurrency exchange for institutional customers.
This new platform is meant to give customers of regulated and certified brokers access to listing participants and cryptocurrency trading via traditional trading terminals where they will be able to buy, sell, deposit and withdraw in cryptocurrency from trading accounts.
The company promises to help brokers face several issues, such as regulation, a fractured market and software integration, but above all the lack of cryptocurrency liquidity. B2Broker says liquidity on the exchange is granted by forty brokers that will deploy its system as soon as it is launched, including five so-called industry giants.
Arthur Azizov, the CEO of B2Broker
“B2BX exchange will explode the market. Now institutional customers have to aggregate the liquidity bit by bit, and we give the fullest market depth and volume for selling and buying. Fiat market has everything under control now, but the cryptocurrency space is just starting to be discovered,” comments Arthur Azizov, the CEO of B2Broker.
The company explains that the ICO funds will support the development of a comprehensive ecosystem for B2BX, speed up software development, give the opportunity to connect the maximum number of exchanges to the aggregator of cryptocurrency liquidity, will help to get Japanese license for cryptocurrency liquidity provision, increase the sales staff, and build offices in major financial centers.