June 28 (Cointime) - Ledger, a company known for its cryptocurrency hardware storage devices, has launched an open, enterprise-grade trading platform aimed at institutions. The Ledger Enterprise Tradelink network has partnered with several crypto exchanges and brokers, including Bitstamp, Huobi, and Crypto.com.
The platform offers real-time tracking of collateral balances and operational status for all participants, and is open to multiple custodial partners, allowing firms to avoid being locked in. The move comes as firms seek transparency and alternatives to vertically integrated crypto exchanges, and amid concerns over market infrastructure in the wake of recent lawsuits against Binance and Coinbase.
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