Dusk Network, the social investment company backed by Mark Cuban, has announced a partnership with eToro, a multi-asset trading platform, in an effort to "gain a foothold in the social investment community," per a press release.
The announcement comes at a time when exchanges such as the CME Group are diving into the crypto space through the issuance of digital currency futures.
Such a move seeks to provide traders all over the world with an avenue of pursuing regulated and established investments by speculating or hedging against their assets.
Competition is rife in the crypto world with traditional exchanges being eclipsed by crypto-based exchanges.
Last year, more than $886 billion was traded on bitcoin futures on derivative trading platform alone against CME Group registered trades worth only $7.3 billion.
Other notable trading platforms tapping into the traditional financial assets include FTX US, which acquired LedgerX, and with the latter giving its customers access to digital asset futures and options. Read the Entire Article
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