Reserved IP Address°C
04-25-2025
BSV
$34.59
Vol 38.76m
13.4%
BTC
$93478
Vol 31600.84m
0.96%
BCH
$362.82
Vol 272.44m
0.95%
LTC
$84.65
Vol 346.52m
2.26%
DOGE
$0.18
Vol 1519.93m
4.03%
Getting your Trinity Audio player ready...

Avelacom recently announced a partnership with a Chicago-based crypto exchange, Seed CX. According to the news release, this partnership provides Avelacom institutional clients with better infrastructure and connectivity solutions. Seed CX offers a licensed exchange platform through its subsidiaries.

With a proper IT infrastructure, institutional investors can access Seed CX real-time market data as well as order-routing solutions. The desire to trade digital assets by retaining traditional exchanges is now possible courtesy of this partnership. The Managing Director of Avelacom, Aleksey Larichev, said:

“We began working in cryptocurrency in 2018 to respond to global institutional requirements. What we found were huge tech issues such as low uptime, slow matching engines, insufficient support, and platforms that are not friendly for latency and jitter sensitive applications. Seed CX is a true benchmark in the digital assets space. We are delighted to support this healthy ecosystem by providing our clients with low latency access to the digital asset space to facilitate trading at the highest standards.”

Seed CX Head of Market Operations, Adam Leaman stated:

“We are very excited to be working with Avelacom. This partnership will not only expand Seed CX global presence but also allow clients already leveraging Avelacom high-performance network to connect to our markets. It is our view that this and similar partnerships will aid in the adoption of digital assets by institutional investors.”

The integration benefits both companies as they expand their target market. Customers from both companies will also be able to access the Seed CX platform for real-time market data, thus enhancing speed and stability in company operations and service provision.

Avelacom stands out as a leading tech company and as high-performance global connectivity and IT infrastructure provider specific to the financial service industry. The company traders’ benefit as the integration allows them to build their crypto or other digital assets portfolio through this platform.

Seed CX is one of the leading digital asset exchange explicitly built for institutional investors. According to their head of market operations, their integration will help them venture into the global market while upholding to their values.

Recommended for you

India aims to boost Africa ties through digital cooperation
India collaborates with Africa to bolster digitalization, beginning by sharing its knowledge and expertise in DPI and digital payments development.
April 25, 2025
Turkey unveils AI-powered terrorism classification tool
Turkey's CBS Organizational Prediction Project will automatically classify individuals with links to terrorist groups with minimal human interference.
April 25, 2025
Advertisement
Advertisement
Advertisement