TRON cryptocurrency network has announced a partnership with crypto exchange builder Shift Markets to bring TRX (TRON’s token) trading to an increased number of global currency markets. According to an official company announcement, TRX can currently be traded via nine different brokers in nine different countries; over the next several weeks, TRX will be offered on two new brokerages in the UK and India.
Ian McAfee, CEO of Shift Markets, expressed his company’s eager attitude toward “[bridging] the gap between the FX and crypto markets” through the partnership with TRON. “The demand from FX has been enormous, and we anticipate more and more crossover between the two markets.”
TRON Founder Justin Sun expressed similar sentiments, saying that the partnership “marks a major expansion in the availability of TRX and fiat trading.”
TRON Racks Up Partnerships, Launches Mainnet
This is the latest in a series of new partnerships for TRON. Several weeks ago, the TRON network announced collaborative efforts with both the Hydro Foundation and Bitkop.
All of TRON’s partnerships seem to focus on providing ease-of-access and liquidity to the currency.
The Hydro Foundation’s Hydro Protocol technology reportedly allows trading on crypto exchanges to happen up to 50 times faster than the current market standard; Bitkop is a decentralized exchange with growing popularity in Asian markets.
TRON MAINNET IS ALIVE! https://t.co/sPWPznBV8Q
— TRON Foundation (@Tronfoundation) May 31, 2018
TRON is an ambitious blockchain project that many voices in the crypto community have told the world to keep an eye on. The TRON subreddit has more than 65.8k followers, compared to rival currency EOS’s 51.3k; a report from GlobalCoinReport stated that “TRX holders number 1.08 Million compared to EOS’ holders who number 306,000. “
TRON’s mainnet was officially launched to the public on May 31st of this year. At press time, a single TRX token was trading for roughly $0.06.