Nasdaq licenses tech to spot-market crypto trading platform

posted 2 months ago
Cryptocurrency full-stack ecosystem developer Bcause plans to utilize Nasdaq’s Financial Framework platform to launch its spot trading crypto market, Bcause CEO Fred Grede said "...what we're licensing is their order entry platform, their trade matching system, their clearing systems and their market surveillance systems.“

Nasdaq senior VP Paul McKeown said “Bcause will have the scalability and modular functionality to introduce new micro-services and expand its business offerings to meet industry demands and the evolution of the digital assets economy.” Bcause aims to launch its spot market by July 2019.
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