A blockchain-based platform TRON enters Forex market via partnership with a crypto exchange launch platform SHIFT Markets, the company has announced.
The cooperation with SHIFT, will help TRX increase liquidity not only in the cryptocurrency market, but also in traditional Forex markets that deal with world fiat currencies.
Cryptocurrency will be available for purchase, in total, from nine brokers in as many different countries. The regulated UK exchange will be the first to carry out TRX trading in the upcoming weeks, with the JM Financial Exchange located in India to follow soon.
"We are excited to bridge the gap between the FX and crypto markets with a popular and exciting project like TRON, the demand from FX has been enormous, and we anticipate more and more crossover between the two markets.” Said Ian McAfee, CEO of SHIFT Markets.
TRON’s founder Justin San also commented, saying that the company is proud to have contributed to the narrowing of the gap between the crypto-currency markets and FX markets around the world.
SHIFT Markets provide a turnkey brokerage package, from trading technology to risk management, guiding clients form the launch phase to development and output.
Last week Tron has announced the launch of his own Mainnet Odyssey 2.0, and started its transfer from Ethereum blockchain. Tron will finish its transition on June 25 - a date that developers have dubbed “Independence Day”
By Nadya Astam