Fireblocks Claims Exchange Program Enables Zero-Confirmation Crypto Deposits
Fireblocks says its new system provides crypto deposits on exchanges with zero confirmations and in real time.
The firm claimed 14,654 WBTC in August following approval of its Compound collateral proposal.
With popular online trading platforms hit by more outages amid high volumes, companies like Robinhood may learn something from crypto exchanges.
BitMEX may be one of the largest crypto derivatives platforms, but it offers the lowest return on bitcoin "cash and carry" trades.
The deal is a strategic play for FTX, whose clientele consists largely of quants and professional traders, to attract more retail customers.
FTX said customers are demanding access to DeFi products.
Binance.US and the soon-to-launch U.S. unit of FTX aim to offer cryptocurrency margin trading in the American market, but won't be able to provide leverage to the degree offered by overseas competitors.