Spotware Systems, the award-winning financial technology provider, has integrated BitGo to its cryptocurrency exchange solution, cXchange, to provide the BitGo Business Wallet to any cryptocurrency operator using the cXchange solution.Best known for its flagship product, cTrader, Spotware Systems launched cXchange to help businesses launching their own cryptocurrency exchange with everything needed out-of-the-box. The company appointed Alexander Geralis as Chief Product Officer to oversee the product’s development and raise awareness of the digital asset exchange solution on the international arena.
By integrating with BitGo, an institutional cryptocurrency financial services provider headquartered in Palo Alto, California, new cryptocurrency exchanges which are customers of the cXchange solution can benefit from the robust matching engine, powerful trading system and user-friendly multi-device trading platforms from Spotware and the digital asset security and support for over 95 coins and tokens from BitGo’s multi-asset wallet platform.
According to the BitGo, its platform processes 15% of all global bitcoin transactions and $15 billion per month across all cryptocurrencies. BitGo’s customers, which include the world’s largest cryptocurrency exchanges and financial institutions, conduct more than $10 billion in transactions monthly.
Alexander Geralis, Chief Product Officer of cXchange at Spotware Systems, commented:
“Digital asset security is important, which is why we pro-actively integrate with other leaders like BitGo. Our clients should be able to take advantage of our high-performance trading systems by being able to support a wide range of tradable pairs, including a number of stable coins. These factors are incredibly important. That is why we are delighted to cooperate with BitGo in this area. BitGo protects the world’s leading exchanges and institutions, and we consider ourselves and our clients being one of them.”
Ben Chan, Chief Technology Officer at BitGo, said:
“BitGo provides cryptocurrency security for hundreds of exchanges around the world, and we’re very pleased to have been selected by Spotware. With this wallet integration, Spotware’s exchange customers will have a scalable wallet featuring connectivity to a diverse range of blockchains.”
