Payment services provider Secure Trading has entered into a partnership with digital currency exchange BlockEx.
Under the agreement, Secure Trading will provide its payment services platform to BlockEx in order to enable the creation of a new white label exchange solution provider.
Customers that use the solution will also have access to various pooled liquidity and high frequency trading services.
Having designed its platform to simplify the process of operating a digital currency exchange, BlockEx aim to provide top-level Forex, financial betting and e-gaming operators with a one-stop shop to get up and running.
“Secure Trading was really the only option for us when it came to payment processing,” BlockEx chief executive Adam Leonard said.
“The company’s status as an acquirer as well as a payment server provider was highly attractive to us, as were its simplistic on/off-boarding capabilities.”
Jens Bader, chief commercial officer at Secure Trading, added: “These are exciting times and to be partnering with such an innovative company from the start shows our commitment in the fin-tech space.
“These guys have a wealth of experience and are real experts in what they do, and that’s why we were keen to partner with them.”