Crypto Trading Firm Cumberland Can Trade Crypto With Canadian Dollars

Clients of Cumberland DRW – a prominent liquidity provider in digital assets – can now trade crypto denominated in Canadian dollars.

This new capability, said Cumberland in a Twitter post, will reduce friction and simplify the transaction process for its trusted large institutional customers.

The announcement comes a week after Cumberland partnered with registered Canadian crypto trading platform BitBuy to increase liquidity on that exchange’s crypto asset marketplace. Cumberland needed the capability to transact crypto in Canadian dollars if it is to offer crypto liquidity to Bitbuy.

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