Cryptocurrencies
New LSE-Powered Crypto Exchange Promises to Be Really Fast
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AAX, a Hong Kong-based startup, says its exchange is about to make Bitcoin trading at least 10 times faster than transactions taking place on some of the largest digital-asset exchanges.
The new platform will use technology from London Stock Exchange Group Plc and allow retail and institutional investors to trade cryptocurrencies with ultra-low delays, AAX said in a statement. It’s the first crypto exchange to deploy LSE’s core matching engine, which is already used by bourses in places like Oslo and Johannesburg, it said.