Modulus, a US-based developer of high-performance trading and surveillance technology for global equities, derivatives, and digital asset exchanges, today announced that it has had great success in accepting blockchain payments in bitcoin (BTC) from clients for services rendered in the licensing and servicing of its proprietary white-label digital asset exchange. Accepting bitcoin for over a year now, the Modulus team reported it has recently realized over $1M worth of BTC payments received.
“We’ve found that our clients have been interested in paying for our services and technology licensing with digital assets, and it only made sense to allow them to do so. Modulus partnered with BitPay to accept bitcoin payments from any bitcoin wallet or exchange globally. Working with BitPay has been very easy and simple to set up, as their billing invoicing tool allows us to invoice clients and get settled in US Dollars. BitPay also allows us to accept payments in ETH; XRP; Bitcoin Cash; and stable coins USDC, GUSD, and PAX.”
– Richard Gardner, CEO of Modulus
The Modulus digital asset exchange solution enables exchanges to scale to millions of transactions per second with ultra-low latency. Further, the solution features proprietary trade surveillance technologies utilizing machine learning; which uses pre and post-trade data to monitor and prevent market manipulation and money laundering in real-time.