The operator of Stock exchange of Toronto the TMX Group company declared that its division Shorcan DCN has reached the agreement concerning the launch of the cryptocurrency broker platform for purchase and sale of Bitcoin and Ethereum.
The launch of the Shorcan Digital Currency Network platform will be carried out in cooperation with a financial technical-startup of Paycase Financial and the fourth in size bank in Canada, Bank of Montreal. It is expected that new service will become available in the II quarter 2018.
As it is noted in TMX Group, the launch of Shorcan DCN would become a considerable step to realization of digital strategy of the company and would allow consolidating communications between the company and cryptocurrency space.
“As new technologies continue to change the shape of the world industry of finance, we continue to study new ways of development of our business for the satisfaction of needs of clients both on traditional, and in the nonconventional markets.”
— the managing director of TMX Group of innovations John Li commented told.