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Press Release -- November 14th, 2019
Source: IPC Systems
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IPC and ZOOZBIT Launch Platform for Cryptocurrency ETF Creation

NEW YORK – November 14, 2019 – IPC, a leading global provider of secure, compliant communications and networking solutions for financial market participants, today announces several new cryptocurrency trading features available through the Connexus Cloud financial ecosystem powered by IPC’s partnership with ZOOZBIT, the blockchain-based cryptocurrency trading platform. IPC customers can now create their own cryptocurrency Exchange-Traded Funds (ETFs), affording Connexus Cloud users the ability to capture the value of a basket of cryptocurrencies without directly owning the underlying assets.

IPC customers can white label their cryptocurrency ETFs created over Connexus Cloud with ZOOZBIT, engendering new revenue streams based on any allocation model and strategy. Among the features available, IPC customers can use and set automated rules for their cryptocurrency ETFs, including for rebalancing, reissuing, algorithmic trading and price calculations.

ZOOZBIT’s and IPC’s proprietary end-to-end network affords institutional-grade speed and security, as the world’s top financial institutions already rely on IPC’s Connexus Cloud platform for trade execution, order routing, market data delivery, and accessing trade lifecycle services. Together with ZOOZBIT, the joint solution can be fully accessed by IPC’s community of over 6,400 global financial market participants.

Moreover, ZOOZBIT functionality is also now available for testing via IPC’s Connexus Labs, a worldwide hosted infrastructure platform that seamlessly facilitates the design, development and deployment of customer- and partner-developed software projects and applications integrated with IPC products and services. IPC’s collaboration with ZOOZBIT is one of several cryptocurrency and blockchain initiatives the firm has undertaken in the past year to address growing customer interest in institutional-grade cryptocurrency surveillance and trading options.

About IPC

IPC is a technology and service leader powering the global financial markets. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With a customer-first mentality, IPC brings together one of the largest and most diverse global financial ecosystems spanning all asset classes and market participants. As the enabler of this ecosystem, IPC empowers the community to interact, transact and react to market changes and challenges, and we collaborate with our customers to make them secure, productive, compliant and connected. Learn more at ipc.com.

 

About ZOOZBIT

ZOOZBIT is the 360° hybrid financial ecosystem. Developed by a group of Fintech experts with vast institutional experience in the development of technological solutions for the global financial industry, including Banks, Prop Trading, Hedge Funds, HFT firms, and Brokerages, ZOOZBIT owns and operates the BITZONEX platform, which is an online-based professional trading platform that hosts every major cryptocurrency and cryptographic token and FX on the market. BITZONEX is the most comprehensive platform out there, containing multiple trading and exchanging arenas both for institutional and end-users alike. Some of BITZONEX’s exclusive features include Crypto-2-Crypto, Crypto-2-Fiat, REPO market, Electronic-OTC with dark pool and P2P block trade, algorithmic trading, Guru-trading for assets managers, ETF creation & trading, a private social network with news & media channels and much more.

Visit us @ZOOZBIT.com and @BITZONEX.com or follow us on one of our channels: Telegram: @BITZONEX Twitter: @BITZONEX Reddit: @BITZONEX

Certain statements contained in this press release may be forward-looking statements. Any forward-looking statements are based on current expectations, assumptions, estimates and projection and involve known and unknown risks and uncertainties. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.

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