24X Completes Bitcoin Spot Trade With Standard Chartered and Wintermute

24X Bermuda Limited said it completed its second consecutive institutional spot-cryptocurrency client trade on October 19, executing a Bitcoin transaction on its multi-asset trading platform. Standard Chartered acted as liquidity taker and Wintermute provided the liquidity, according to the company’s announcement . The trade puts Standard Chartered back on 24X for a second spot-Bitcoin execution, while changing the liquidity provider from Cumberland DRW, which participated in the venue’s first disclosed spot-crypto transaction in September. It offers an early, limited indication of how 24X is bringing different liquidity firms into its institutional crypto offering.

Source: Crypto Daily