American market maker Citadel Securities is preparing an ecosystem of products for financial brokers that will allow them to provide their clients with access to digital asset trading.
How informs CoinDesk publication, citing its own sources, another market maker Virtu and venture capital firms Sequoia Capital and Paradigm also participate in the preparation of the ecosystem. Other major financial companies are expected to join the consortium in the future.
“This ecosystem will provide more efficient and convenient access to deep liquidity pools for digital assets. Therefore, a group of financial industry leaders are working together to create a safe, transparent and legal way to trade crypto assets. This will allow to lure users of cryptocurrency exchanges, ”the source of the publication emphasized.
Another CoinDesk source told CoinDesk that Citadel Securities has been hiring top executives for some time to build a suite of crypto trading products.
Note that Citadel Securities CEO Kenneth Griffith has repeatedly spoken out against digital assets. However, in recent months he seems to have begun to change his attitude.
Source: Bits
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