Paxos Trumpets Same-Day Shares Settlement Using Blockchain
Instinet and Credit Suisse helped hit the “T+0” settlement cycle for U.S. equities.
This isn't the first time.
Christine Brown will head compliance and operations for the trading app's crypto wing.
Analysts see speculative fever rather than informed bets on the blockchain’s future technological potential.
The company’s Twitter post cited “unprecedented demand” leading to traders being unable to complete orders.
The company also said its crypto team has more than tripled in number this year, with more to come.