Bloomberg exchange will allow users to trade cryptocurrency

The company has signed a cooperation agreement with the Elwood Technologies trading platform

25.02.2022 - 11:45

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1 min

What’s new? Elwood Technologies, a crypto technology firm, has announced a “strategic integration” with Bloomberg, The Block reports. This agreement will allow users of the Bloomberg Asset and Management Investment Manager (AIM) exchange to trade cryptocurrency. The integration will be completed in the second quarter of 2022.

The Block’s material

How do the platforms’ representatives comment on this development? Ian Peckett, Bloomberg’s Global Head of Buy-Side Product, stated that this collaboration will give users all the tools they need to manage digital assets.

Elwood Technologies CEO James Stickland says:

“The integration combines Elwood’s institutional cryptocurrency trading capabilities with Bloomberg’s data, analytics, and workflow tools, with the financial institutions and investment managers being able to manage their crypto portfolios, becoming part of a unified investment process.”

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