Avelacom, a global connectivity and IT infrastructure provider for the financial services industry, has partnered with Seed CX, a digital asset exchange built expressly for institutional investors.
Avalecom’s institutional investors will now have access to Seed CX’s real time market data and order-routing solutions. This will meet global institutions’ desire to trade digital assets in a way they are used to from using traditional exchanges.
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.
“We began working in cryptocurrency in 2018 to respond to global institutional requirements,” says Aleksey Larichev, Managing Director of Avelacom. “What we found were massive 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.”
“We are very excited to be working with Avelacom,” says Adam Leaman, Seed CX Head of Market Operations. “This partnership will not only expand Seed CX's global presence but also allow clients already leveraging Avelacom's 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.”
Avelacom’s IT infrastructure is located in Equinix NY4/NY5, providing clients with the fastest, safest, and highest quality access to Seed CX’s digital asset liquidity points globally. Through the partnership, both Avelacom’s and Seed CX’s customers including proprietary trading firms and hedge funds will be able to access Seed CX’s platform from across the globe.
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