28th Feb 2019 11:48
LONDON (Alliance News) - Beeks Financial Cloud Group PLC on Thursday said it has signed a new contract with cryptocurrency exchange operator BeQuant Exchange.
Beeks will host BeQuant's matching engine on its network under the deal.
BeQuant is based in both London and Malta, Beeks said, and the deal is part of Beeks' expansion into the cryptocurrency sphere.
Beeks did not divulge any financial details of the partnership.
Beeks Chief Executive Gordon McArthur said: "The cryptocurrency market is constantly expanding, and by adding exchanges such as BeQuant to our portfolio, Beeks is able to facilitate access to these markets for our customers.
"Guaranteeing no customer will have greater access speed than another is a unique offering and we are delighted to announce this new partnership with BeQuant."
Shares were down 6.6% on Thursday at a price of 93.36 pence each.
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