Less Ads, More Data, More Tools Register for FREE

Beeks Financial Signs Cryptocurrency Exchange Deal With Gemini Trust

Wed, 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.

Related Shares

More News
5 Apr 2024 10:56

Beeks Financial Cloud inks service partnership with STT

(Sharecast News) - Beeks Financial Cloud announced a strategic collaboration with Securities & Trading Technology (STT) on Friday, which it described ...

5 Apr 2024 10:25

Beeks joins forces with Securities & Trading on service-based solution

(Alliance News) - Beeks Financial Cloud Group PLC on Friday announced a strategic partnership with trading, clearing and surveillance technology firm ...

25 Mar 2024 15:28

IN BRIEF: Beeks Financial confirms SOC 2 compliance of products

Beeks Financial Cloud Group PLC - Glasgow-based cloud computing and connectivity provider - Confirms Service Organization Control 2 compliance for its...

14 Mar 2024 15:17

EARNINGS AND TRADING: Smarttech247 and Beeks in deal boosts

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

14 Mar 2024 13:32

Beeks Financial Cloud wins contract extension with JSE

(Sharecast News) - Beeks Financial Cloud announced a significant contract extension with the Johannesburg Stock Exchange (JSE) on Thursday, for the pr...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.