US Brokerage Firm TD Ameritrade to Invest in New Crypto Exchange

[dalaganicole]

Retail brokerage firm TD Ameritrade has announced that is backing new crypto exchange ErisX, according to a press release published on the company’s website Wednesday, October 3.

TD Ameritrade, which currently provides investment services to up to 11 million clients, did not reveal the details of the deal. However, according to Bloomberg, investing company DRW Holdings and high-speed trader Virtu Financial are also participating with investments. Both agreed to be market makers for ErisX, which might help ensure a deep order book, Bloomberg writes.
Read more here: https://cointelegraph.com/news/us-brokerage-firm-td-ameritrade-to-invest-in-new-crypto-exchange