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Beeks Financial Signs Cryptocurrency Exchange Deal With Gemini Trust

21st Mar 2018 13:07

LONDON (Alliance News) - Beeks Financial Cloud Group PLC said Wednesday it has entered the cryptocurrency market after signing a partnership with Gemini Trust Company LLC.

Beeks, which provides cloud computing and connectivity for financial markets, said it can provide direct connectivity to Gemini through its cloud product, allowing Beeks clients who are already Gemini clients to source and trade Bitcoin and Ethereum legitimately and securely.

Gemini is a digital asset exchange based in New York.

Beeks Chief Executive Gordon McArthur said: "Cryptocurrency trading is growing in popularity and this is a service our institutional clients have been wanting for some time, as they seek a means to trade cryptocurrencies legitimately and securely.

"The high level of regulation on the Gemini Exchange provides our customers with an assurance of greater security in a volatile market. In a highly significant industry, this new service has the potential to be a valuable move for Beeks as we seek to expand our offering across the key markets for automated trading."

Beeks shares were up 0.8% on Wednesday at a price of 60.00 pence each.


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