AlphaPoint Brings HFT to Bitcoin

Home » Blog » AlphaPoint Brings HFT to Bitcoin
AlphaPoint Brings HFT to Bitcoin

As the fintech spaces continues to broaden digital currency infrastructure, it seems today we have taken another step forward towards wider integration. High-frequency trading has long been at the core of foreign exchange and other equities markets, and it was only a matter of time before the company came up with the technology that would bring bitcoin up to speed with HFT.
The company – AlphaPoint – has developed a white label financial technology platform that can handle HFT in the digital currency space. The company stated:
Bitcoin’s massive growth has created a need for infrastructure that is scalable and reliable…(we are) leveraging high-frequency trading expertise from the development of fintech solutions used by UBS and Deutsche bank to deliver a secure solution.
The move should strengthen the foundations of mainstream acceptance, as it will increase the liquidity with which BTC and other digital currencies can be traded and – in turn – enable hassle-free conversion between fiat and crypto for both merchants and payment processors. In addition, it should also speed up Wall Street’s adoption of digital currency – something that, while perhaps controversial, may be the catalyst behind a wave of institutional investment into the digital currency space.
Is this a step in the right direction for bitcoin? Let us know what you think…
Source :

© 2020 all rights reserved