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Digital Currency Group’s Prime Brokerage Platform TradeBlock to Shutter

Digital Currency Group’s Prime Brokerage Platform TradeBlock to Shutter
Digital Currency Group (DCG) will shutter its trade execution and prime brokerage subsidiary, TradeBlock, citing the concerns of the broader economy and regulatory uncertainties in the United States. It will initiate the close-down process on 31 May, as reported by Bloomberg. TradeBlock Could Not Survive the Harsh Market Conditions “Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital assets in the US, we made the deci... Read More
Posted: May 26 2023, 05:15
Author Name: financemagnates
Views: 102235

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