Cryptocurrency company VersiFi acquires trading technology startup Ather Digital

ChainCatcher news, the cryptocurrency trading and lending company VersiFi, co-led by former Genesis executives, has acquired the crypto trading technology startup Ather Digital, with the acquisition amount undisclosed. This deal will help VersiFi enhance direct market access, algorithmic trading, and smart order routing on its platform.

VersiFi will integrate Ather's trading technology into its platform and expand in the UAE.

According to Web3 asset data platform RootData, VersiFi is a digital asset service platform with a mission to reduce counterparty risk. VersiFi's plug-and-play platform is designed to integrate an ecosystem of trusted and regulated exchanges, liquidity providers, custodians, and lenders to offer clients comprehensive, compliant solutions that simplify the trading lifecycle and reduce counterparty risk for individual companies.