EQONEX Group has launched EQONEX Lending, a crypto lending platform that allows institutional lenders and borrowers to interact directly via a lending exchange
EQONEX reported $2.5 million in revenue for the first quarter of fiscal year 2022, marking an increase of $2.3 million from the previous fiscal year
“The new brand EQONEX signifies all the strongest elements of our existing brands. We provide a regulated, compliant and secure ecosystem with equality for all clients, both institutional and retail,” says Richard Byworth
EQUOS is now in the top 20 crypto exchanges globally, and top five in Asia, for both transparency and volumes, despite the exchange only launching publicly last year
The FCA registration follows a recently announced partnership with Torstone Technology to deliver post-trade settlement and digital asset custody to institutional clients via Torstone’s settlement platform
Torstone Technology is set to provide enhanced post-trade services as part of its new partnership with Digivault, a digital asset custody provider and custodial arm of Diginex
As EQUOS rolls out borrowing and lending capabilities, EQO will be used to boost yields available on assets held in Digivault, the hot and cold wallet custodian integrated into EQUOS
The new solution ‘Access’ will allow investors to manage their portfolios using institutional technology that is tailored specifically for cryptocurrencies
An abundance of partnerships and collaborations as well as increased popularity all point towards a transformational change in the digital assets space
