Bitfinex crypto exchange, located in the British Virgin Islands, has reported on the conclusion of a partnership with the Swiss company Market Synergy GmbH, which provides services to trading networks for banks, brokers and hedge funds when trading digital currencies. This step is targeted at institutional investors. Bitfinex is not the only cryptocurrency exchange targeting the market of institutional investors. For example, the platform for institutional investors has already been created by the service provider of Blockchain crypto-wallet. We shall remind, earlier Bitfinex was drawn into a conflict over its connection with Tether Ltd, which produces the USDT token, tied to the US dollar with a 1:1 ratio. Skeptics believe that the statements about the strength of StableCoin are false, and that the coin was used for price manipulation in the crypto market. Tether and Bitfinex claim that Tether is fully backed up, which has also been confirmed by a law firm led by ex-FBI Director, Freeh Sporkin & Sullivan LLP (FFS). |
