24 Exchange says it has completed its first spot cryptocurrency trade on its trading platform, becoming one of what it says is a select few global venues that offer both crypto spot and FX trading on a single, unified technology infrastructure.

The inaugural trade was executed in bitcoin as part of 24X’s existing strategic partnership with Standard Chartered, which acted as liquidity taker. Cumberland DRW served as liquidity provider.

“Institutional demand for digital assets has never been stronger, and today’s milestone crypto…