
2018-7-31 08:18 |
Cryptocurrency services firm AlphaPoint is powering a new decentralized exchange, the company announced Monday.
The exchange notably uses XRP as its “base currency,” meaning many of its trading pairs are denominated in the third-largest cryptocurrency by market cap, AlphaPoint CEO Salil Donde said in a blog post.
The exchange further says it will add neo and ADA, among other trading pairs within months.
The news comes just a month and a half after AlphaPoint announced it had successfully raised $15 million in its first round of venture capital funding.
The funds were raised primarily through Galaxy Digital, the cryptocurrency merchant bank launched by billionaire investor Mike Novogratz.
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