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Chain Acquires European Encryption Provider to Launch Automatic OTC Trading System

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It is reported that Chain, the blockchain infrastructure, announced the acquisition of a licensed European encryption provider, which has become a new entity C…

Chain Acquires European Encryption Provider to Launch Automatic OTC Trading System

It is reported that Chain, the blockchain infrastructure, announced the acquisition of a licensed European encryption provider, which has become a new entity Chain Europe UAB. After this new acquisition, Chain launched Chain Prime, an automatic over-the-counter (OTC) trading system designed to enable customers to obtain deep liquidity through Chain Engine. Chain Prime aims to aggregate centralized order books from top exchanges to provide users with the best execution rate.

Chain announced the acquisition of European licensed cryptocurrency companies and launched Chain Prime

Interpretation of the news:


Chain, a popular blockchain infrastructure provider, made an exciting announcement recently in which they revealed that they have acquired a licensed European encryption provider. As part of the acquisition, the encryption provider has now become a new entity known as Chain Europe UAB. However, this isn’t the only new development that Chain has to offer their customers. They have also launched a new automatic over-the-counter (OTC) trading system called Chain Prime. This system is designed to provide users with deep liquidity through Chain Engine.

Chain Prime operates by aggregating centralized order books from top exchanges so that customers can benefit from the best execution rate possible. In essence, this new system provides users with access to a variety of centralized exchanges all in one place. Additionally, the use of Chain Engine ensures that users can obtain deep liquidity, further enhancing their experience.

This new system is particularly exciting because of its automation. By leveraging the power of automated trading, users can benefit from increased speed, more efficient pricing, and overall better trading experiences. With Chain Prime, customers can access this automated trading system safely and securely, knowing that their trades are backed by strong encryption and a reputable infrastructure provider.

It’s important to recognize the significance of Chain’s recent acquisition. By bringing on board a licensed European encryption provider, Chain is now able to provide customers with another layer of security and privacy. This step is particularly important in the world of blockchain and cryptocurrency, where a key feature is often anonymity.

Overall, Chain’s newest developments – the acquisition of an encryption provider and the launch of Chain Prime – are crucial steps in ensuring the continued growth and success of blockchain technology. As blockchain becomes more widely adopted, infrastructure providers like Chain will become increasingly important. The launch of Chain Prime is particularly noteworthy, as it provides users with an efficient and secure way to access a variety of exchanges all in one place.

In summary, Chain’s recent acquisition and the launch of Chain Prime signal exciting new developments in the world of blockchain infrastructure. By providing users with access to deep liquidity and automated trading, Chain is positioning itself as a leading provider of blockchain services, further driving the growth and adoption of this increasingly important technology.

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