Bitcoin Suisse Makes Investment of $3 Million into CoinRoutes Trading Software Provider
Bitcoin Suisse has acquired a $3M share of Trade Intelligence Firm CoinRoutes. The firm is known for providing algorithmic business software and pan-exchange smart order routing.
The Outlay and new Administrator
The news was made public yesterday, on Oct 22 by Bitcoin Suisse. In the announcement, the firm affirmed to have procured assets worth $3million of CoinRoutes. Niklas Nikoljsen was the new member added to the CoinRoutes’s the United States and Swiss entities' board of directors. He chairs the Bitcoin Suisse Group.
The company has merged the technology into its brokerage and trading system. This is after it experienced the Smart Order Routing and copyright-awaiting Consolidated Best Bid and Offer benefaction. Bitcoin Suisse took a year testing the potential of the products before they moved in.
In Other News
Bitcoin Suisse has aligned several developments, including partnering with Fintech firm Amun. The collaboration is aimed at initiating a new cryptocurrency exchange-traded product on SIX, the country’s stock exchange. The dealer has requested for banking and securities brokerage permit from a finance regulator from Switzerland.
“The practical move without disagreement from the government of Liechtenstein proves the significance of the Blockchain Act’.
The TVTG (the act on Tokens and Institutions Offering Services Relied on Trusted Technologies) creates legitimate confidence for all markets. It also indicates a new era, which is the token economy.
With this involving position, Liechtenstein has demonstrated that it is a prime location for Fin-Tech and Blockchain firms, so it is to us in the epitome of Europe.