Avelacom recently announced a partnership with a Chicago based crypto exchange, Seed CX. According to the news release, this partnership provides Avelacom institutional clients with better infrastructure and connectivity solutions. Seed CX offers a licensed exchange platform through its subsidiaries.
With a proper IT infrastructure, institutional investors can access Seed CX real-time market data as well as order-routing solutions. The desire to trade digital assets by retaining traditional exchanges is now possible courtesy of this partnership. The Managing Director of Avelacom, Aleksey Larichev, said:
“We began working in cryptocurrency in 2018 to respond to global institutional requirements. What we found were huge 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.”
Seed CX Head of Market Operations, Adam Leaman stated:
“We are very excited to be working with Avelacom. This partnership will not only expand Seed CX global presence but also allow clients already leveraging Avelacom 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.”
The integration benefits both companies as they expand their target market. Customers from both companies will also be able to access the Seed CX platform for real-time market data, thus enhancing speed and stability in company operations and service provision.
Avelacom stands out as a leading tech company and as high-performance global connectivity and IT infrastructure provider specific to the financial service industry.