Riot Blockchain, a blockchain-oriented company listed on the NASDAQ exchange, said on Tuesday it has secured a deal with cryptocurrency exchange Coinsquare that will allow its subsidiary RiotX to launch a cryptocurrency exchange in the US.
Under a Software License and Services Agreement, goNumerical, the company behind Coinsquare, will provide a “RiotX branded version of the Coinsquare platform with customized functional integrations and associated transaction processing services for use by RiotX”, Riot Blockchain said in a statement. Thanks to the collaboration, RiotX has received a special license to operate in the US market and will offer the solution to select customers.
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