CHARLESTOWN, Saint Kitts and Nevis, Feb. 17, 2023 (GLOBE NEWSWIRE) — Chain, the leading provider of blockchain infrastructure and Web3 services, is pleased to announce the acquisition of a licensed European crypto provider, which has become a new entity, Chain Europe UAB. Following this new acquisition, Chain has launched Chain Prime, an automated over-the-counter (OTC) trading system designed to provide customers with access to deep liquidity through the Chain Engine.
Chain Prime will be designed to aggregate centralized order books from top exchanges to provide users with the best execution rates. Unlike typical OTC providers, Chain Prime will not charge a large fee or high spread to execute high volume trades. Instead, its proprietary Chain Engine automates the entire process including settlement and delivery to verified accounts. Chain Prime will be available 24/7/365, and will not be available in all regions. Once Chain Prime is released to the public, additional information and service zone terms and conditions will be available.
“We are thrilled to launch Chain Prime,” said CEO of Chain, Deepak Thapliyal. “Chain Prime is a leading product that will give users access to deep liquidity and the best execution rate. We are confident that this product will revolutionize the OTC market.”
Chain Prime will revolutionize OTC Trading, enabling buyers and sellers to safely trade crypto through various exchanges with maximum privacy. Chain’s decentralized technological framework provides greater flexibility than traditional exchanges, enabling users to customize their transactions according to their needs. With Chain Prime, traders can enjoy the intimacy of highly individualized OTC trades.
Chain Prime is currently available by invitation only. We invite you to visit Chain.com/prime for more information about Chain Prime and how to sign up.
About chain
Chain is a blockchain infrastructure solutions company that has been on a mission to enable a smarter and more connected economy since 2014. Chain offers developers in the Web3 industry services that help streamline the process of developing, and maintaining their blockchain infrastructure. Chain implements a SaaS model for its products that addresses the complexities of general blockchain governance. Chain offers a variety of products such as Ledger, Cloud and NFTs as a service. Companies that choose to use Chain’s services will be able to free up resources for developers and cut costs so that customers can focus on their own products and customer experience. Learn more: Chain.com.
Contact information:
Chain pressure
[email protected]
Related images
Image 1: Chain Prime
Introducing Chain Prime an institutional liquidity platform.
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