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Crypto Services Company Bitso Acquires Quedex To Enter The Derivatives Market
Summary: Bitso, the Latin American crypto services company announced the acquisition of Quedex, a European derivatives trading platform, the transaction amount was not disclosed. Cryptocurrency exchange is Bitso's core operation, and it also focuses on services such as remittances, collateralized loans and interest-bearing accounts. After the acquisition, Quedex's senior team will join Bitso and focus on ...
Bitso, the Latin American crypto services company announced the acquisition of Quedex, a European derivatives trading platform, the transaction amount was not disclosed.
Cryptocurrency exchange is Bitso's core operation, and it also focuses on services such as remittances, collateralized loans and interest-bearing accounts.
After the acquisition, Quedex's senior team will join Bitso and focus on technology updates and more complex product development. Daniel Vogel, CEO of Bitso stated that the acquisition enables them to develop new products and enter the crypto derivatives market, such as cryptocurrency-related options and futures and leveraged trading services.
By Mary Liu
Tags: Bitso,Crypto Derivatives,Cryptocurrency,quedex
Link: Crypto Services Company Bitso Acquires Quedex To Enter The Derivatives Market [Copy]
