Global connectivity and IT infrastructure solutions firm, Avelacom, has announced its partnership with Seed CX, a Chicago-based cryptocurrency exchange platform. As reported in a press release on 23 May, the landmark partnership aims at cementing a symbiotic relationship between the two firms.
What the Partnership Entails?
Avelacom would now gain full access to Seed CX’s market data and order routing measures. This amalgamation would provide Avelacom with digital assets to add to their pre-existing trading portfolios, and it would help expand Seed CX into the global sphere.
Avelacom runs its expansive network spanning 30,000 miles across the continents of Europe, North America, Australia, Russia, South Africa, and Asia.
Avelacom’s Managing Director, Aleksey Larichev, stated that the partnership would improve data access to investors and traders, subsequently getting rid of obstacles hindering smooth transactions.
About Seed CX
Seed CX provides its clients with licensed exchange services meant for trading digital products and their settlement. This isn’t the company’s first partnership. Recently, Seed CX also partnered with Hydra X, a Singapore based financial tech company in exchange of their trading platform. This partnership would also enable Sigma users to gain access to the company’s fiat-crypto portal. Seed CX as of now is available to trade on Hydra X.
Along with this, Seed CX earlier announced the launch of an exchange platform catered towards the Bitcoin trading market. The exchange would provide its clients with a Bitcoin and USD trading platform with further plans of adding Litecoin, Bitcoin Cash, and Ether. Seed CX is eyeing the international market with this launch, as it plans to expand into the European and Japanese markets this year. The company also along with Zero Hash, recently launched its digital asset wallet with the aim of reducing scam and malware attacks.