Hydra X, a Singapore-based fintech firm which develops professional trading technology solutions that connect digital and emerging asset classes with the financial markets, has partnered with leading Asian digital asset exchange, CEZEX, for the integration of Hydra X’s Sigma trading platform as a trading venue.
Daryl Low, Chief Executive Officer of Hydra X, commented:
“CEZEX is a new-generation licensed digital asset exchange, and one of the first and leading venues in Asia to offer fully regulated and secure access to digital and securitized token offerings. The partnership is part of our strategy to become a primary aggregated marketplace for trading venues that connects digital and emerging asset classes. We look forward to making CEZEX one of the pillars of our security token ecosystem, which will be seamlessly accessible via our Sigma trading platform.”
Jack Ser, Chief Executive Officer of CEZEX, said:
Hydra X uses distributed ledger technology (DLT) to provide mission-critical trading and settlement infrastructure for next-generation marketplaces. Its trading platform provides retail traders and professional quants alike a professional suite of trading tools ranging from price formation to analytics as well as low-latency price discovery and asset transfers across multiple exchanges and brokers globally.
CEZEX will integrate Hydra X’s trading platform in order to operate its fully regulated and licensed digital assets trading exchange for multiple asset classes, including currencies, securities and derivatives. The cryptocurrency exchange also provides listing of security tokens in a licensed environment authorized by the Cagayan Economic Zone Authority (CEZA) in the Philippines.