Full-stack ecosystem BCause has become the latest cryptocurrency firm to join the network of OTCXN, a San Francisco-based blockchain-powered capital markets infrastructure company.
According to an official announcement by OTCXN, the BCause ecosystem contains within itself “one of the largest institutional mining facilities in the US.” The company is also allegedly planning to add a spot exchange and a regulated derivatives exchange, as well as a regulated clearinghouse and crypto custody service.
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Rosario M. Ingargiola, CEO and Founder of OTCXN, said in the same announcement that BCause would benefit from OTCXN’s institutional order flow, which will allegedly increase order flow on BCause’s exchanges.
“Crypto Currencies Get Institutionalized” panel discussion https://t.co/hwSYoBShLV @stachicago @SeanRistau @ErisX_Digital @CMTDigitalLtd @HehmeyerLLC @SeedCX @OTCXN CEO Rosario Ingargiola.
— OTCXN, Inc. (@OTCXN) January 30, 2019
Additionally, at least four other digital asset- or cryptocurrency-related companies have formed important relationships with OTCXN over the course of the last month.
On January 7, the company signed Hong Kong-based OTC digital asset brokerage company OSL as a Core Liquidity Provider in cryptocurrencies. Algorithmic trading firm Fractal Wealth signed on as another liquidity provider on January 10th.
Then, on January 14th, Australian cryptocurrency exchange Independent Reserve joined the OTCXN network “to bring institutional order flow to its exchange to increase liquidity for its growing client base.” Three days later, on January 17, European crypto asset investment solution provider TokenSuisse joined the OTCXN network.
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