Rialto Trading seeks to expand platform with Bittrex to offer securities tokens
Rialto Trading, a U.S. registered broker-dealer and Alternative Trading System (ATS) announced today that it is teaming up with Bittrex, the U.S. based blockchain asset and cryptocurrency trading platform, to offer a new digital securities trading platform.
Currently, Rialto operates a regulated ATS for trading fixed income products, and pending approval from regulators, Rialto will expand its ATS operations to include blockchain-based (digital) securities.
Both companies are having detailed conversations with regulators to launch this expanded platform.
The expanded platform will combine Rialto’s licensed broker-dealer ATS, tools, and securities industry experience with Bittrex’s expertise in blockchain technology, cybersecurity, and cryptocurrency trading to create a comprehensive securities offering. The ATS will support US dollar (fiat) trading for digital securities. In addition, Rialto will provide services to the entire digital asset securities ecosystem, including issuance advisory services, placement, trading, and custody.
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