OTCXN Sweetens FX, Crypto Offering with Securitize Protocol

Institutional Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term trading platform OTCXN has partnered with Securitize, which provides compliance solutions for digitizing securities on the blockchain. With the use of Securitize's DS protocol, the company aims to provide an automated compliance platform for security tokens.

OTCXN leverages its proprietary blockchain technologies to establish a new market model that improves Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term access for the entire FX and cryptocurrency ecosystem. The company says the new collaboration helps institutional traders to trade crypto assets and FX while “eliminating the settlement risk inherent in traditional systems.”

With the aid of OTCXN platform, Securitize is also hoping to deliver a modern solution for its customers in issuing digital securities or connecting to their investors.

At present, ensuring liquidity and compliance for crypto assets can often take months, but DS Protocol is designed to resolve these issues across the entire token lifecycle. This includes managing the relevant events associated with security token ownership and its economic rights as they are traded on private and public exchanges.

Blockchain powered capital market firm

OTCXN provides global liquidity services thus eliminating the need for intermediaries in trading. Its recent partnerships aim to solve several issues in terms of mainstream acceptance of cryptocurrency institutional trading. It reduces risks of relying on counterparties credibility and eliminates the necessity for conventional intermediaries through a P2P community with a trade-to-settlement lifecycle.

OTCXN was established by electronic trading and e-FX technology expert Rosario Ingargiola, founder of FXone. Ingargiola led the design and development of one of institutional FX exchange technology stacks, used by global Tier-1 banks.

According to Carlos Domingo, Securitize CEO and co-founder, “Securitize’s DS Protocol for digital securities and exchanges has the highest adoption rate in the industry, powering multiple issued digital securities such as Blockchain Capital, Science Blockchain, SPiCE VC, 22x, and Augmate, with many more in the production pipeline.”

“We believe the DSO market presents an immense long-term opportunity in the blockchain and digital asset space, and we are poised to be the core infrastructure provider. Our platform for secondary market trading already contains the technology pipeline required to realize the promise of this extremely important capital markets innovation,” added Rosario M. Ingargiola, CEO and founder of OTCXN.