TrueDigital, a cryptocurrency startup focused on institutional investors, changed its name to Tassat to emphasize the imminent launch of a cryptocurrency derivatives trading platform.
It is reported that the cryptocurrency derivatives trading platform with physical supply of margin swaps (SEF) will be registered with the US Commodity Futures Trading Commission (CFTC).
“We will launch the derivatives exchange very soon, following some of the steps involved in obtaining a license to operate as a futures exchange (DCM) after the end of the CFTC audit and approval,” said Thomas Kim, Tassat CEO.
He also said that the company provides its technologies to various banks for the issue of its own cryptocurrencies. Even the central banks of some countries became interested in technology. Note that last month, the Seed CX cryptocurrency exchange began to test such a platform.
Last year, Signature Bank of New York announced the launch of a digital payment platform based on blockchain technology to optimize payments in real time. The platform was developed in conjunction with trueDigital.