BlockEx, the digital asset exchange provider for institutional-grade financial markets today has announced the BlockEx Exchange Network, a multi-brokerage pooled liquidity trading platform, together with the first four white label partners who have launched their own-brand brokerages.
BlockEx provides an award-winning digital-asset trading exchange platform. As part of the platform, the BlockEx Exchange Network allows companies to operate their own-brand brokerages that share a single virtual marketplace. Traders are able to buy and sell digital assets with any trader on any of the networked brokerages. BlockEx also provides a suite of risk and support services that designed to help partners rapidly scale their brokerage brands.
“We’re excited to deliver another important part of our strategy. Through pooled liquidity, the BlockEx Exchange Network provides a much larger market for buyers and sellers than any brokerage could deliver on its own. Importantly it allows new brokerage operators to generate revenue from the first customer they bring on board. Our first four partner own-brand brokerages are live on the Network and they are all starting their customer acquisition activities. Following up quickly are our next four partner brokerages. These will soon be in soft-launch testing and are on track to open before the end of the year.”
In additional to white label brokerages, BlockEx also offers blockchain exchange technology licensing and on-premise options for large financial enterprises.