Singapore-headquartered Hydra X, a next-generation trading technology provider, announced a partnership with leading Asian digital asset exchange, CEZEX
The partnership aims to integrate CEZEX with Hydra X’s Sigma trading platform as a trading venue.
“CEZEX is a new-generation licensed digital asset exchange, and one of the first and leading venues in Asia to offer fully regulated and secure access to digital and securitised token offerings,” said Daryl Low, CEO of Hydra X. “The partnership is part of our strategy to become a primary aggregated marketplace for trading venues that connects digital and emerging asset classes. We look forward to making CEZEX one of the pillars of our security token ecosystem, which will be seamlessly accessible via our Sigma trading platform.”
Jack Ser, CEO of CEZEX, said, “CEZEX’s integration with Hydra X’s Sigma trading platform will serve as an excellent catalyst for our business and help build a strong and mutually beneficial partnership. CEZEX functions like a traditional exchange, where sponsors introduce listings, broker/dealers introduce customers, and market makers and custodians support the activities of the exchange. The synergy with Hydra X is evident.”
Hydra X provides cutting-edge technology, including the use of distributed ledger technology (DLT), to provide mission-critical trading and settlement infrastructure for digital and traditional asset financial marketplaces. At Hydra X’s core is the Sigma trading platform, a modular, high-performance trading platform for retail traders and professional quants alike. Sigma offers a professional suite of trading tools ranging from price formation to analytics, while facilitating instantaneous price discovery and asset transfers across multiple exchanges and brokers globally.
CEZEX is Asia’s first fully regulated and licensed digital assets trading exchange for multiple asset classes, including currencies, securities and derivatives. With a focus on unique derivative products, CEZEX is also a platform for listing security tokens. CEZEX’s ecosystem features fully-licensed nominated advisors/sponsors, broker/dealers, market makers and custodians, which creates an ideal environment for institutionally-compliant trading. CEZEX operates a regulated security token exchange licensed by the Cagayan Economic Zone Authority (CEZA) in The Philippines.