TRON (TRX) Makes An Entry Into FX Markets With This New Partnership
In an anticipated move and in tandem with the current momentum of the Tron (TRX) Foundation, Justin Sun, via twitter, announced the recent major partnership between the Tron Foundation and Shift Markets. This partenrship will further increase the liquidity of TRX in not only the crypto-markets, but also the traditional Forex markets that deal with global currencies.
#TRON partnered with @shiftmarkets to bring $TRX into more currency markets around the world. Stay tuned.
He would then share a link to the actual announcement of the partnership that highlights that TRX will now be bridging the gap between traditional Forex markets and the Crypto-markets. TRX will now be offered by a total of 9 brokers in 9 different countries.
A UK regulated exchange will be the first to offer TRX trading in the coming weeks, with the next one – J.M Financial – soon after. The latter brokerage firm is based in India
The CEO of Shift Markets, Ian McAfee had this to say about the partnership:
We are excited to bridge the gap between the FX and crypto markets with a popular and exciting project like TRON. The demand from FX has been enormous, and we anticipate more and more crossover between the two markets.
Justin Sun would also comment that the Tron Foundation is proud to be playing a part in bridging the gap between cryptocurrency and FX markets across the globe.
SHIFT provides a turnkey brokerage package that includes trading technology, liquidity, risk management, compliance, sales and marketing. The company’s clients include start-up, middle market, and established FX, CFD and Cryptocurrency brokerages. The firm’s services span from startup phases to maturation and exit. The firm was established in 2009. Shift’s team of professionals services a global base of clients from its New York City headquarters.
Disclaimer: This article is not meant to give financial advice. It is an opinion piece. The opinion herein should be taken as is. Please carry out your own research before investing in any of the numerous cryptocurrencies available