Chain announced the acquisition of European licensed cryptocurrency companies and launched Chain Prime

It is reported that Chain, the blockchain infrastructure, announced the acquisition of a licensed European encryption provider, which has become a new entity Chain Europe UAB. After this new acquisition, Chain launched Chain Prime, an automatic over-the-counter (OTC) trading system designed to enable customers to obtain deep liquidity through Chain Engine. Chain Prime aims to aggregate centralized order books from top exchanges to provide users with the best execution rate.

Interpretation of this information:

Blockchain technology has taken yet another step forward, as Chain has announced the acquisition of a licensed European encryption provider, creating the new entity Chain Europe UAB. This move has led to the development of a new automatic over-the-counter (OTC) trading system designed to provide customers with deep liquidity through Chain Engine. By aggregating centralized order books from top exchanges, Chain Prime has enabled users to obtain the best execution rate possible.

This acquisition serves to increase Chain’s capabilities and expands their offering to include OTC trading. The new system, Chain Prime, aims to provide users with deep liquidity and the best execution rates through Chain Engine. The goal of Chain Prime is to aggregate centralized order books from top exchanges and provide superior service to its users. The partnership, which created Chain Europe UAB, will help Chain establish itself as a serious player in the cryptocurrency market, providing increased liquidity and a reliable trading platform for its users.

The OTC trading system is designed to provide customers with a seamless and efficient trading experience. By aggregating centralized order books from top exchanges, Chain Prime can offer customers excellent trade execution and the best prices. This system has been designed with the user in mind, aiming to provide deep liquidity and superior service. Additionally, Chain Prime supposedly comes with a user-friendly interface, making it easy and enjoyable to use.

To summarize, Chain, the blockchain infrastructure, announced the creation of a new entity, Chain Europe UAB, after acquiring a licensed European encryption provider. This move has led to the development of Chain Prime, an automatic over-the-counter (OTC) trading system using Chain Engine. The system provides customers with deep liquidity by aggregating centralized order books from top exchanges to offer the best execution rates possible. The platform was designed with the user in mind, aiming to provide easy and efficient trading. The three keywords are blockchain, OTC trading, and liquidity.