Crypto prime brokerage launches cross-exchange margin service

Cyberx, a Hong Kong-based crypto prime brokerage, launched on Wednesday the world’s first cross-exchange portfolio margin service for spots and derivatives trading.Why it matters: Prime brokerage for cryptocurrencies is still a nascent industry, with only a handful companies around the world offering such services. Most crypto-focused prime brokerages are headquartered in and focused on the US, away from the crypto liquidity of Chinese miners.The new offering promises to significantly ease much of the headache around trading crypto across hundreds of platforms.Details: Cyberx’s new product, “P…

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