The former immediate CEO of Traze, Erkin Kamran, who recently left his role, works on a new startup which aims to provide a currency, basic products and an exchange of crypto on a decentralized platform.
Nicknamed 0xmarket, the new platform is a “decentralized perpetual exchange powered by Cartha on Bittensor Network”. It aims to offer liquidity designed to compete with traditional CFD platforms. The project also promises deeply liquidity
Liquidity
The term liquidity refers to the process, speed and ease of which an asset or a given safety can be converted into cash. In particular, liquidity deletes retention of the market price, the most liquid assets representing species. The most liquid asset of all is money. Nothing is more liquid than money, while other assets represent
The term liquidity refers to the process, speed and ease of which an asset or a given safety can be converted into cash. In particular, liquidity deletes retention of the market price, the most liquid assets representing species. The most liquid asset of all is money. Nothing is more liquid than money, while other assets represent
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Combine traditional finance and web3
“0xmarkets is an innovative decentralized platform designed to inaugurate a new era of blockchain infrastructure for trading systems, allowing access without authorization to some of the most powerful and liquid financial markets in the world, covering the crypto, currencies and goods,” Kamran told the world, to the CRYP basic products of the world ” Financial magnate.
“The platform should reduce traditional obstacles such as intermediaries and infrastructure requirements to trading global currencies and grants liquidity suppliers an improved incentive framework, including tokens rewards, allowing anyone in the authorized courts of negotiating, coverage or providing liquidity using global class tools.”
Kamran announced that he is resigning from CEO of Traze at the beginning of the month. He left the role to focus on building the new company that combines traditional finance and the web3. He joined Traze of the London -based Zèle group, where he was previously director of acting technology.
The new platform should be launched this year. “In the future, after its initial launch, 0xmarket will continue to extend the asset classes it can offer to traders, including basic products (for example, money, oil, agricultural products) and possibly other markets, such as tokenized shares and obligations,” he said.
Read more: the CEO of Traze, Erkin Kamran, announces the release to launch the tradfi-web3 startup
Under the direction of Kamran, Traze would have obtained a license earlier this year to operate on the water. The authorization allows the broker to provide brokerage, portfolio management and advice to retail and institutional investors in the region. The company also has an operational license in South Africa.
Traze is part of Zeal Group, which also operates the ZFX brand in the United Kingdom and the Seychelles. While the Offshore unit of ZFX mainly serves retail customers, its British operations focus on professional and institutional merchants.
The evolutionary challenge space
Over the years, the DEFI space has faced multiple challenges. In mid-2022, the cryptography sector endured a net slowdown, because more than 2 billions of dollars in market value were destroyed in a few months.
The implosion of Terra sparked a chain reaction, with high -level failures in Celsius, traveling and three capital arrows highlighting deep vulnerabilities in the decentralized financial ecosystem.
The crisis has highlighted the speed with which confidence in digital assets could collapse when built on unstable foundations. Since then, the regulators have intensified efforts to transmit order to space, while tokens projects have adapted to new requests for conformity.
The former immediate CEO of Traze, Erkin Kamran, who recently left his role, works on a new startup which aims to provide a currency, basic products and an exchange of crypto on a decentralized platform.
Nicknamed 0xmarket, the new platform is a “decentralized perpetual exchange powered by Cartha on Bittensor Network”. It aims to offer liquidity designed to compete with traditional CFD platforms. The project also promises deeply liquidity
Liquidity
The term liquidity refers to the process, speed and ease of which an asset or a given safety can be converted into cash. In particular, liquidity deletes retention of the market price, the most liquid assets representing species. The most liquid asset of all is money. Nothing is more liquid than money, while other assets represent
The term liquidity refers to the process, speed and ease of which an asset or a given safety can be converted into cash. In particular, liquidity deletes retention of the market price, the most liquid assets representing species. The most liquid asset of all is money. Nothing is more liquid than money, while other assets represent
Read this termDouble awards and decentralized access to global markets.
Join IG, CMC and Robinhood during the main event of the London commercial industry!
Combine traditional finance and web3
“0xmarkets is an innovative decentralized platform designed to inaugurate a new era of blockchain infrastructure for trading systems, allowing access without authorization to some of the most powerful and liquid financial markets in the world, covering the crypto, currencies and goods,” Kamran told the world, to the CRYP basic products of the world ” Financial magnate.
“The platform should reduce traditional obstacles such as intermediaries and infrastructure requirements to trading global currencies and grants liquidity suppliers an improved incentive framework, including tokens rewards, allowing anyone in the authorized courts of negotiating, coverage or providing liquidity using global class tools.”
Kamran announced that he is resigning from CEO of Traze at the beginning of the month. He left the role to focus on building the new company that combines traditional finance and the web3. He joined Traze of the London -based Zèle group, where he was previously director of acting technology.
The new platform should be launched this year. “In the future, after its initial launch, 0xmarket will continue to extend the asset classes it can offer to traders, including basic products (for example, money, oil, agricultural products) and possibly other markets, such as tokenized shares and obligations,” he said.
Read more: the CEO of Traze, Erkin Kamran, announces the release to launch the tradfi-web3 startup
Under the direction of Kamran, Traze would have obtained a license earlier this year to operate on the water. The authorization allows the broker to provide brokerage, portfolio management and advice to retail and institutional investors in the region. The company also has an operational license in South Africa.
Traze is part of Zeal Group, which also operates the ZFX brand in the United Kingdom and the Seychelles. While the Offshore unit of ZFX mainly serves retail customers, its British operations focus on professional and institutional merchants.
The evolutionary challenge space
Over the years, the DEFI space has faced multiple challenges. In mid-2022, the cryptography sector endured a net slowdown, because more than 2 billions of dollars in market value were destroyed in a few months.
The implosion of Terra sparked a chain reaction, with high -level failures in Celsius, traveling and three capital arrows highlighting deep vulnerabilities in the decentralized financial ecosystem.
The crisis has highlighted the speed with which confidence in digital assets could collapse when built on unstable foundations. Since then, the regulators have intensified efforts to transmit order to space, while tokens projects have adapted to new requests for conformity.