AlphaPoint Announces DiamondBack Stablecoin Availability for its Clients’ Exchanges
The DBK coin, asset-backed with rare, investment grade, certified diamonds, will be available on selected exchanges at a 1:1 ratio with the 2019 US$.
Digital tokenization enables illiquid assets to serve as collateral for securities, offering a powerful means of democratizing investments. Broad adoption seems inevitable, and today’s exchanges must prepare for tomorrow’s assets. The Era of the Digital Asset Economy could be tough for exchanges that are slow to adapt to new assets.
For most of the two-century history of the New York Stock Exchange, high-speed trading was, by definition, a local activity: Speed of exchange depended on the trader being physically present in the exchange building. By the time I began my career at NYSE 15 years ago, things were changing.
Computers made high-speed electronic trading a reality. New trading technology, … [Read More. Free Website Registration Required]
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