Additional partners, reportedly:
JUST IN - Citadel, Fidelity, Charles Schwab, and Virtu are building a #bitcoin and crypto trading platform
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Here's the article from Bitcoin Magazine:
A quartet of financial giants consisting of market makers Citadel Securities and Virtu Financial Inc. and retail brokers Fidelity Investments and Charles Schwab Corp are developing a cryptocurrency trading platform, according to a report from Bloomberg.
Citadel Securities is a subsidiary of Citadel LP, which currently has hedge fund billionaire Ken Griffin at the helm who, just last year, referred to bitcoin and other cryptocurrencies as “a jihadist call” against the U.S dollar.
Financial Behemoths Partner For New Bitcoin, Crypto Trading Platform: Report https://bitcoinmagazine.com/business/financial-services-giants-partner-for-bitcointrading-platform
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And the article from Bloomberg that was referenced:
[Charles Schwab] doesn’t have plans to offer direct crypto trading at this point, but “will consider introducing direct access to cryptocurrencies when there is further regulatory clarity,” Hooper said.
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The firms in Citadel Securities’ initial consortium will be joined by additional wealth managers, market makers and other industry leaders that are expected to join the marketplace ahead of launch, the source added.
“This marketplace is intended to create more efficient access to deep pools of liquidity for digital assets. So a group of industry leaders are working closely together to facilitate the safe, clean, compliant and secure trading of digital assets,” the source told CoinDesk.
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