Announced today, cryptocurrency ecosystem developer Bcause plans to utilize Nasdaq’s Financial Framework platform.
As part of its ecosystem, Bcause is using Nasdaq’s platform to launch its spot trading crypto market, Bcause CEO Fred Grede confirmed to me in an interview. “This is a pure technology licensing agreement, so what we’re licensing is their order entry platform, their trade matching system, their clearing systems and their market surveillance systems,” Grede explained.
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