The financial services company behind the Toronto Stock Exchange and TSX Venture is making moves to integrate digital currencies with traditional markets.
The TMX Group announced that its subsidiary,
Shorcan Digital Currency Network is launching a new cryptocurrency brokerage service with
Paycase Financial, a value network and trustware provider for decentralized financial services.
This new service will focus on Bitcoin and Ethereum. Banking services will be handled by BMO Financial Group.
Shorcan DCN offers clients brokerage services with Paycase's premier cryptocurrency data aggregation platform and established worldwide network. Together, they will create proprietary-based cryptocurrency benchmarks based on consolidated data from the world's leading crypto exchanges as well as over the counter brokered volume.