Hong Kong’s Atom Is First to Use LSE Tech for Crypto Exchange

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Atom Group will use trading technology from the London Stock Exchange Group Plc to power its new cryptocurrency exchange, as Hong Kong tightens oversight of digital assets.

Hong Kong-based Atom’s AAX exchange is set to debut by end-June and will be built on the LSE’s Millennium Exchange matching engine, Atom said in a statement Tuesday. It didn’t disclose terms. The software is also used by bourses in Hong Kong and Singapore, it said.