Seed CX, a market for institutional trading and settlement of spot digital assets, announced today that its digital asset exchange is now open 22 hours a day, five days a week, with plans to increase to 23/7.
Extended hours provide institutional investors with the ability to buy or sell digital assets across all time zones. Seed CX has clients across the globe including in Europe and Asia that are keen to trade at all times of the day.
Through its subsidiaries, Seed CX offers a licensed exchange for institutional trading and settlement of spot digital asset products, and plans to offer a market for CFTC-regulated digital asset derivatives.
“Digital asset trading is built on a 24/7 model. After successful trading in BTC, ETH, BCH and LTC and millions of dollars of daily traded volume, we are excited to have extended our market hours. Our institutional users are now able to execute near-continuous trading, able to call us any time of day and receive real, human support.”
Last week, Seed CX introduced three stablecoins, PAX, USD Coin and TrueUSD, to its digital asset exchange, bringing increased liquidity to the stablecoin market. Earlier this month, it announced a partnership with TradAir, the global provider of trading technology solutions for banks, brokers, prime of primes and regulated marketplaces.
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