The Blockchain.com cryptocurrency exchange has acquired the London-based developer of an order-matching and settlement system for OTC trading, Artificial Intelligence Exchange (AiX).
Today I’m pleased to announce that @blockchain has acquired the business of AiX, a company that has built an impressive, AI-powered negotiation and matching engine for institutional OTC traders.https://t.co/Fbt4r1VAWO
— Peter Smith (@OneMorePeter) May 4, 2021
The acquisition of the London-based startup will support expanding the institutional-investors product lineup of the exchange.
AiX staff have gained expertise in development, trading and addressing operational issues at leading banks, notably JPMorgan and Goldman Sachs.
In March, Blockchain.com raised $300 million, valuing its business at $5.2 billion.
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