New York-based white label exchange provider AlphaPoint has raised a further $5.6 million from investors to help scale its exchange technology. AlphaPoint’s tech is currently used as the backend for 150 exchanges across 35 countries, servicing more than a million end users. The funding will be used for platform development and to roll out more sophisticated exchange features like margin trading, integrated advanced brokerage capabilities, and better liquidity solutions. Co-founder and CEO of AlphaPoint Igor Telyatnikov said these features are just the tip of the iceberg: “Stay tuned in 2020 as we will soon announce the release of a series …
Digital asset services provider AlphaPoint has upgraded its security token solution designed for institutional clients, according to a press release obtained by Cointelegraph Thursday, March 28. The company that provides services to private equity, real estate, funds, and other institutional investors is now offering to issue asset-backed security tokens for its clients. AlphaPoint believes that tokenization will increase liquidity for high value asset classes. As per the announcement, the updated service will allow institutions to create and trade tokens securely and privately. AlphaPoint said that its new security token service is already used by a real-estate private equity firm Muirfield …
White label digital asset exchange platform AlphaPoint announced it had hired a former senior executive at the Chicago Board Options Exchange (CBOE) to lead its trading and exchange business in a press release shared with Cointelegraph Nov. 2. AlphaPoint, which has operated since 2013 as a method through which corporations can digitize financial assets, said Kapil Rathi would “support its growth and ongoing innovation.” Rathi was previously head of equity options at CBOE, the company having risen to fame as one of the first providers of Bitcoin futures in December 2017. “Institutions have not only started to accept cryptocurrencies and …