Nasdaq-Powered EU Exchange Reveals Crypto Trading Pairs, Tokenized Stocks
Estonia-based DX Exchange, a platform powered by Nasdaq’s technology, has announced the crypto and tokenized stocks available to trade.
The digital trading platform uses Nasdaq’s Financial Information Exchange (FIX) protocol. As Cointelegraph previously reported, users of the exchange will be able to trade tokenize stocks in various major global companies.
The exchange also announced support for various crypto to crypto and crypto to fiat pairs. Namely, the company revealed that Ripple (XRP) will be available to trade against Bitcoin (BTC), Ethereum (ETH), euro, yen and U.S. dollars while Litecoin (LTC) will be available to trade against BTC, ETH and USD. Cardano (ADA) trading will also be supported on the exchange against ETH, USD, yen and BTC.
The Estonia-based platform is currently only launching in the European Union, promising to make trading available to U.S. customers in 2019, according to a tweet from DX’s co-founder and CEO yesterday.