In other news.
Toronto Stock Exchange Operator to Launch Cryptocurrency Brokerage PlatformA wholly-owned subsidiary of Canada-based stock exchange operator TMX Group has announced that it will launch a cryptocurrency brokerage platform.
TMX best known as the operator of the Toronto Stock Exchange (TSX) unveiled the plans on Thursday, stating that the platform would likely launch by mid-year and would allow clients to buy and sell
Bitcoin and
Ether, (no mention of other coins at this time) the two most liquid cryptocurrencies.
The venture will see TMX subsidiary Shorcan Digital Currency Network (DCN) partner with Paycase Financial, a decentralized financial services provider based out of Toronto. BMO Financial Group has agreed to provide Shorcan DCN with banking services.
Paycase CEO Joseph Weinberg said that the cryptocurrency brokerages launch represents the first true institutionalization of cryptocurrencies as an asset class, adding that it will help establish a bridge between mainstream finance and the burgeoning cryptoasset ecosystem.
https://www.ccn.com/toronto-stock-exchange-operator-to-launch-cryptocurrency-brokerage-platform/