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Milestone: Diginex’s Crypto Exchange EQUOS Trade Volume Crosses $1 Billion For April Month-to-Date
Diginex Limited, a digital assets financial services company, announced on Monday a record total volumes of over $1 billion in April month to date through its crypto exchange EQUOS, with average daily volumes during the period increased over three times compared to average daily volumes in the prior month. Diginex reported that the volume increase is driven by the launch of EQUOS’ first native exchange token, EQUOS Origin (EQO), and a significant increase in participation by a number of major institutional clients. Following the launch of the token on April 8th, EQUOS has recorded daily volumes in excess of $100 million. ....
Highlights | Benzinga benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Diginex Ltd. (via Public) / Industry heavyweights join forces to debate the future of digital money publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.
Byworth continued by saying Diginex provides an exchange similar to Coinbase, but it also offers derivatives. Coinbase is set to go public on the Nasdaq via direct listing Wednesday. Shares of the company will trade under the ticker symbol COIN. Cryptocurrency derivatives help to differentiate Diginex from its competition. Byworth told Benzinga the company is playing toward the development of the crypto derivative market, adding that there is a lot of derivative expertise within the organization. Byworth said Bitcoin (CRYPTO: BTC) is facing a supply-side crisis. We are only just beginning the run-up in Bitcoin right now, he said. The CEO has a target of $175,000 on Bitcoin for 2021 and he believes the cryptocurrency could easily exceed his price target for the year. ....