BBVA Teams With SGX FX to Launch Retail Crypto Trading in Europe
Spanish bank BBVA has partnered with Singapore’s SGX FX to allow retail customers to trade digital assets directly through its platforms.
The integration, marking a first for the European market, the companies said on Thursday, will initially support bitcoin and ether, offering 24/7 trading with the same framework BBVA uses for foreign exchange.
SGX has been a digital assets and blockchain tech enthusiast for several years, while BBVA has also been at the forefront among banks when it comes to crypto.
SGX FX provides banks with aggregation, pricing, distribution and risk-management tools while maintaining operations across key global data centers in London, New York, Tokyo and Singapore.
“SGX FX has built its reputation over 25 years…
