PANews reported on March 19th that, according to The Block, cryptocurrency market maker Flow Traders has expanded its 24/7 OTC trading platform to include tokenizedPANews reported on March 19th that, according to The Block, cryptocurrency market maker Flow Traders has expanded its 24/7 OTC trading platform to include tokenized
Flow Traders expands into tokenized assets through a 24/7 over-the-counter trading platform.
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PANews reported on March 19th that, according to The Block, cryptocurrency market maker Flow Traders has expanded its 24/7 OTC trading platform to include tokenized assets, providing "two-way liquidity" for products such as Franklin Templeton's on-chain money market fund BENJI and Tether Gold XAUT. This allows institutional counterparties to trade and hedge using fiat currency or stablecoins outside of traditional market trading hours. Flow Traders' CEO stated that tokenization has the potential to be the next step in the evolution of market structures, and the company will only support tokenized assets for "permitted" counterparties who have completed KYC.
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