OTC Exchange Network (OTCXN) has announced that DV Trading has joined its early adopter Program as a liquidity provider.
DV Trading will support Foreign Exchange liquidity provision in relevant currency pairs on OTCXN’s network. OTCXN’s Peer-to-Peer trading network and total trade-to-settlement solution aims to deliver a hybrid market model that combines high-performance, real-time trading technologies and enterprise blockchain technologies to solve market credit gaps, lower risk, and increase eligible counterparties.
“Innovation is core to our business, and we strongly support OTC Exchange Network in its mission to democratise financial markets while leveraging Blockchain technology to reduce credit and settlement issues. The global foreign exchange market is a natural place to start, but we expect OTCXN to adapt its technology solutions to support additional asset classes in the near future,” says Jared Vegosen, co-founder of DV Trading.