Galaxy Digital Executed its First OTC Choices Commerce as Demand for On-Chain Choices Ramps Up

by Jeremy

The flexibility to commerce bilateral choices tied to cryptocurrencies with Galaxy removes credit score threat, which is often related to conventional OTC choices trades, Galaxy mentioned in an announcement. It is because customers ship their collateral to a sensible contract moderately than to a counterparty, making the person much less uncovered to the counterparty and what they is likely to be doing with one’s collateral.

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