Institutions want multi-chain optionality to move wholesale money across both web3 and tradfi ecosystems.
The exchange can use Chainlink Data Streams to enable features like onchain lending, collateral.
This marks Plus500’s second purchase in a week, following the Hedge acquisition in the U.S.
The trade body signaled its support should the SEC need more time before venues begin operating.
The $1.97 bln deal is meant to combine dealer and buy-side protocols, client relationships, and data.
The shift to 24x5 trading across asset classes is accelerating.
The exchange will bring the same approach to equities in December.
The initiative establishes a phased pathway for integrating blockchain into U.S. securities markets.
A DCO is a regulated clearinghouse for derivatives.