Months after adding three crypto-related companies, OTCXN has reportedly signed up a full-stack ecosystem to its growing portfolio. According to a Press Release from the San Francisco-based company, BCause is officially one of its growing fleet of partners.
OTCXN is widely perceived as one of the leading Blockchain-based infrastructure companies in the capital markets arena. The BCause ecosystem, on the other hand, is largely seen as a platform that boasts perhaps the biggest institutional mining facilities across America.
The association between the two blockchains is coming at a time when the mainstream media is awash with what’s probably some ‘good news’ to adherents of the BCause ecosystem. It’s widely rumored that soon, the ecosystem will feature a spot exchange, a derivatives exchange that’s regulated plus a clearinghouse a custody service for cryptocurrencies.
Making the grand announcement, the founder and CEO of OTCXN, Rosario M. Ingargiola, couldn’t hide his joy. He admitted BCause will be at an advantage because they were looking for a crypto company that will not only guarantee faster, safer settlements but also act as a payment-provider for their mining facility. He further believes that the ecosystem will reap from OTCXN’s institutional order flow, a factor that will immensely enhance ‘available liquidity.’
On his part, however, the BCause ecosystem CEO, Frederick J. Frede was hopeful that his company would win. He admitted that since the institutional customer base of the company often makes crypto payments, it was only important for them to have the ability to offer fiat quickly and risk-freely.
Already, OTCXN Has An Intelligent, High-Performance Matching Engine
BCause is joining a growing list that has OSL, a Hong Kong-based crypto-brokerage firm, Independent Reserve – an Aussie-based exchange and TokenSuisse – a crypto-investments consultancy agency. The developments are coming at a time when OTCXN has already low-key unveiling of a matching engine known as LiquiMatch. The engine is designed to ensure that all transactions done via it are not made public unless the customer decides to do so.