About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Briefs

tanX Achieves $1 Billion Quarterly Spot Trading Volume

Subscribe to our newsletter

Dubai-based digital asset trading platform tanX reported a significant milestone in Q2 2024, processing $1 billion in spot trading volume across 3 million transactions, reflecting a 70% increase from the previous quarter. The platform’s success is set against a backdrop of rising interest in decentralised trading solutions, particularly in the wake of FTX’s collapse, which has driven traders towards non-custodial and safer methods of executing trades and storing assets.

tanX, operating as a decentralised exchange (DEX) on Ethereum, emphasises compliance, regulation, and transparency, catering to institutional clients through specialised liquidity lines. tanX bridges the two models of decentralised and centralised exchanges (CEXs), allowing CEXs to integrate its non-custodial trading solutions while maintaining their existing user experience, underscoring the platform’s innovative approach in a regulatory stringent environment.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Modernising Equities Trading Infrastructure: Architecture, Resilience and the Economics of Change

Equities markets are entering a more distributed, always-on phase. Liquidity is fragmenting across venues and geographies, trading hours are extending toward 24/5 and beyond, and market data volumes, investor expectations and competitive pressure are all rising at once. Many of the platforms that still underpin the equities industry were built for a different era –...

BLOG

Where Tokenisation Actually Delivers Value: The Question the Institutional Market Still Can’t agree On

At a panel session on the convergence of traditional and digital market infrastructure at A-Team Group’s inaugural ExchangeTech Summit in London earlier this month, an audience poll set the framing for the discussion that followed. Asked where their firm sat today on tokenisation and DLT-based market infrastructure, the largest single response from a room of...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

The Trading Regulations Handbook

Need to know all the essentials about the regulations impacting trading infrastructure? Welcome to the first edition of our A-Team Trading Regulations Handbook which provides all the essentials about regulations impacting trading operations, data and technology. A-Team’s Trading Regulations Handbook is a great way to see at-a-glance: All the regulations that are impacting trading technology...