TrueEX enters Bitcoin and Ether markets
Interest rate swap trading venue TrueEx is planning a marketplace for digital assets by the end of the second quarter, subject to regulatory review, while also building reference rates for the two largest cryptocurrencies.
The initiative comes under a new "trueDigital" brand that will be part of the trueEX swap execution facility. The offering's bitcoin non-deliverable forward contracts will be aimed squarely at institutional investors.
The company has also revealed that it will launch two benchmark rates referencing bitcoin and ether. The ether ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
