Dependent on centralized infrastructure, services, and information gateways to function
Ethereum DeFi Apps Prove Centralized as This Rising Metric Shows
Ethereum de facto developer network deVere has announced that it is partnering with enterprise software company Zugly to offer a comprehensive suite of tools for trading digital assets.
The move comes as the cryptocurrency market continues to grow, with the number of tokens being created on Ethereum now exceeding $1 billion per month.
Zugly’s product suite includes an order management system and matching engine, a “smart order routing†engine, an automated trading toolkit and an exchange interface.
The company touts its platform as “a best-in-class solution for managing orders, executing buy and sell transactions and managing risk exposure,†adding that integration with other exchanges can be made via API access or by customizing the platform.
Its CEO Nicolas Bacca said: “We are excited to offer our clients access to the most advanced order management system in the market today. Our platform offers a full suite of tools designed to meet the needs of sophisticated traders who want to leverage state-of-the-art technologies while maintaining control over their operations at all times.â€
DeVere CEO Andrew