Cryptoknowmics
2022-09-03 12:22:29

Blockstream And Sevenlabs To Launch Decentralized Bitcoin Exchange

Poseidon Group has launched the first decentralized security token exchange for Bitcoin in Switzerland in collaboration with Blockstream and Sevenlabs, providers of Bitcoin infrastructure services. Introducing XDEX, a new open decentralized Liquid and security token exchange. Built on @Liquid_BTC, users can trade assets like stablecoins, security tokens and any other digital assets issued on Liquid. It's finance evolved. Find out more. ⬇️https://t.co/UeNs9xIAUL pic.twitter.com/pGQXTBnH5Y — Blockstream (@Blockstream) September 3, 2022 Decentralized Bitcoin Exchange – XDEX By supporting assets from the Bitcoin ecosystem and enabling peer-to-peer trade, the exchange, called XDEX, will effectively cut out middlemen from the transaction. Lars Schlichting, XDEX general counsel said, “The use of P2P infrastructure by current financial markets is inevitable,” Access to the Liquid Network, a layer-two application used to scale Bitcoin, will be available through Blockstream, enabling the trade of assets like Bitcoin, Euro and Swiss Franc stablecoins, and other liquid-based assets. Users would be able to exchange Blockstream Mining Notes and the equity token Infinite Fleet whenever it launches, expected in Q4 2022. Management Of Assets On The Liquid Network The Blockstream AMP, which enables the management of programmable assets on the Liquid Network, will also be accessible through Blockstream. Additionally, because the joint venture is...

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