1. BITBILIHome
  2. Article

Ledger wallet leaps forward with institutional-grade crypto trading platform

• 39 views

TL;DR Breakdown

  • Ledger launches an institutional-grade crypto trading platform.
  • The Ledger Enterprise platform addresses risk management and compliance challenges for institutions in the crypto market.
  • Users can trade without holding assets directly on exchanges, reducing exchange-related risks.

Description

Paris-based Ledger, renowned for its cryptocurrency hardware wallets, unveiled a cutting-edge trading platform for institutional investors. The Ledger Enterprise Tradelink network has already garnered significant interest from prominent cryptocurrency exchanges and brokers such as Bitstamp, Huobi, Crypto.com, Uphold, CEX.IO, Wintermute, Coinsquare, NDAX, Damex, Bitazza, Flowdesk, and YouHodler. This revolutionary system addresses the pressing challenges of … Read more

Paris-based Ledger, renowned for its cryptocurrency hardware wallets, unveiled a cutting-edge trading platform for institutional investors. The Ledger Enterprise Tradelink network has already garnered significant interest from prominent cryptocurrency exchanges and brokers such as Bitstamp, Huobi, Crypto.com, Uphold, CEX.IO, Wintermute, Coinsquare, NDAX, Damex, Bitazza, Flowdesk, and YouHodler.

This revolutionary system addresses the pressing challenges of risk management and compliance faced by institutions in the current crypto landscape, offering a compelling alternative to traditional vertically integrated exchanges.

By leveraging the Ledger Enterprise platform, users can engage in trading activities without the need to hold assets directly on exchanges, eliminating exchange-related risks. The solution seamlessly connects custodians, over-the-counter (OTC) brokers, and exchanges, establishing a secure and transparent ecosystem for institutional investors.

Sebastien Badault, VP of Enterprise at Ledger, emphasized the potential for future regulations to focus on risk allocation, signaling the platform’s readiness to align with fund managers and multi-custodial partners, thus fostering a positive trajectory for the sector.

Increased transparency and accountability fuel institutional confidence in crypto market

Ledger’s foray into institutional-grade trading coincides with a notable surge in interest from financial institutions seeking entry into the cryptocurrency realm. Tailored options become essential as these traditional players venture into this nascent market. The Ledger Enterprise platform caters to institutional investors by providing a regulated and secure environment, shielding them from the customary risks associated with exchanges.

One of the platform’s standout features is its real-time monitoring capabilities, enabling users to track collateral balances and operation statuses without incurring transaction fees. This heightened accountability and transparency instills greater confidence in institutional investors, fostering trust in the cryptocurrency market.

As Ledger aims to become a comprehensive crypto service provider for both individual and enterprise clients, the launch of this institutional-grade trading platform signifies a significant milestone in their strategic expansion.

Ledger’s continuous adaptation to meet the evolving needs of large investors reflects the cryptocurrency sector’s commitment to accommodating their requirements. With seamless interoperability between custodians, OTC brokers, and exchanges, the Ledger Enterprise Tradelink network emerges as a favored choice among institutional investors.

Its proactive emphasis on risk management and regulatory compliance becomes particularly vital in the face of increasingly complex cryptocurrency regulations. Consequently, Ledger’s platform holds the potential to transform the landscape by providing institutional investors with a safe, regulated, and sophisticated trading experience.

Moreover, Ledger’s growing network of custodial platforms ensures users’ independence and reinforces the platform’s appeal. As traditional businesses flock to the cryptocurrency market, the Ledger Enterprise platform stands ready to offer customized solutions, opening up a world of opportunities for institutional investors.

The convergence of Ledger’s institutional-grade trading platform with the rising demand from financial institutions underscores the industry’s commitment to innovation and adapting to new paradigms.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Ledger wallet leaps forward with institutional-grade crypto trading platform

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月1日 22:14
Next 2023年7月1日 23:35

Related articles

  • Decentralized exchange MovEx faces fallout as Sui foundation alleges contract violations

    TL;DR Breakdown Sui Foundation severs ties with MovEx due to contract violations and alleged tampering with tokens. MovEx’s breach of agreement leads to termination as the primary contributor to DeepBook development. Tokens were transferred to the custodian wallet for security following suspicions of open trading. Description Sui Foundation has cut all ties with decentralized exchange MovEx, citing multiple contract violations. The Foundation allegedly paid $2.5 million SUI to MovEx for developing DeepBook, the network’s native order book. However, things took an unexpected turn when the Foundation discovered that MovEx had breached the terms of the agreement on three separate occasions by … Read more Sui Foundation has cut all ties with decentralized exchange MovEx, citing multiple contract violations. The Foundation allegedly paid $2.5 million SUI to MovEx for developing DeepBook, the network’s native order book. However, things took an unexpected turn when the Foundation discovered that MovEx had breached the terms of the agreement on three separate occasions by tampering with portions of the tokens involved. The contract stipulated that the funds provided by the Sui Foundation would be temporarily…

    Article 2023年7月27日

  • ECB’s digital euro prototype nears pilot launch

    TL;DR Breakdown The European Central Bank (ECB) has concluded a prototyping phase for the digital euro, an essential step towards its pilot launch. The prototyping process involved the creation of a settlement engine and five front-end user interfaces, addressing various payment scenarios. The back-end settlement engine, named N€XT, showed promise in supporting diverse transaction types while maintaining user privacy. The European Central Bank (ECB) announced that it has just concluded an insightful prototyping phase for the digital euro, paving the way for the long-anticipated pilot launch. Over an eight-month period from July 2022 to February 2023, the ECB conducted exhaustive technical exercises, exploring potential design configurations for the digital currency and evaluating how it can seamlessly integrate into Europe’s existing payment landscape. The prototyping exercise is a crucial part of the digital euro project’s investigation phase, intended to prepare the euro for an increasingly digital age. Progress and promise: The ECB’s digital euro prototyping exercise The ECB’s prototype involved creating a settlement engine and five front-end user interfaces. These were designed with a focus on five specific use cases for…

    Article 2023年5月30日

  • Haru Invest suspends withdrawals due to a service partner issue

    TL;DR Breakdown Haru Invest, a company in South Korea, halts withdrawals to protect investors after a partner defaults.  Haru provides attractive dividend rates ranging from 12% to 25%, with approximately $1 billion in assets. There is so much controversy surrounding the investment firm. Haru Invest, a South Korean digital asset management company, has suspended withdrawals from its system due to an issue with one of its service partners. The decision was made to protect customer funds while a contingency plan was developed. Haru Invest, a company known for offering attractive dividend rates, has faced controversy and speculation surrounding its financial situation and past mergers. Controversy surrounds South Korean asset management firm Haru Invest A South Korean company called Haru Invest, which manages digital assets, has banned withdrawals from its system due to an issue with one of the service partners. In an announcement on June 13, the company stated that the suspension was a difficult decision to protect customer funds until a contingency plan could be devised to address the situation. Important update from Haru Invest. https://t.co/igdTS2DaNp pic.twitter.com/E8mB6PeDQW — Haru…

    Article 2023年6月16日

  • CFTC warns clearing organizations of risks associated with digital assets

    TL;DR Breakdown The CFTC has issued a staff advisory letter to derivatives clearing organizations (DCOs) regarding the risks of expanding activities, specifically focusing on digital assets. The advisory emphasizes the importance of proactive risk management and highlights concerns related to system safeguards, conflicts of interest, and physical deliveries. Commissioner Kristin Johnson calls for the CFTC to initiate a formal rule-making process to establish stricter regulations for crypto-commodity derivatives clearing models. The United States Commodity Futures Trading Commission (CFTC) has issued a staff advisory letter to registered derivatives clearing organizations (DCOs) and DCO applicants, cautioning them about the risks involved in expanding the scope of their activities. In particular, the letter highlighted the risks associated with digital assets, signaling the CFTC’s increased focus on the emerging crypto market. Increased interest in digital assets prompts CFTC advisory The advisory letter, released by the CFTC Division of Clearing and Risk (DCR), emphasized the importance of proactive risk management. The DCR urged DCOs and applicants to actively identify and mitigate new, evolving, or unique risks from their involvement with digital assets. This move comes…

    Article 2023年6月3日

  • Atomic Wallet faces class action lawsuit over $100 Million crypto hack losses

    TL;DR Breakdown About 50 Russian and CIS clients launched a class action against Atomic Wallet after a $100 million crypto heist. The breach affected over 5,500 accounts; a Ukrainian group may have orchestrated the heist, challenging initial blame on North Korea’s Lazarus Group. Description A group of high-net-worth investors from Russia and the Commonwealth of Independent States has launched a class action against Atomic Wallet following a $100 million heist that has left investors reeling. The legal action is being coordinated by German lawyer Max Gutbrod and Boris Feldman, a co-founder of Moscow firm Destra Legal. Gutbrod, who was … Read more A group of high-net-worth investors from Russia and the Commonwealth of Independent States has launched a class action against Atomic Wallet following a $100 million heist that has left investors reeling. The legal action is being coordinated by German lawyer Max Gutbrod and Boris Feldman, a co-founder of Moscow firm Destra Legal. Gutbrod, who was once a partner at Baker & McKenzie in Moscow for more than 20 years, has stated that a group of lawyers is currently…

    Article 2023年8月24日
TOP