Through its subsidiaries, Seed CX offers a licensed exchange for institutional trading and settlement of spot digital asset products, and plans to offer a market for CFTC-regulated digital asset derivatives.

The partnership will integrate Seed CX as one of the trading venues available on Sigma, a multi-asset and multi-venue trading platform by Hydra X. Once the integration is complete, users who have accounts with Seed CX will be able to view prices, transact and monitor their portfolios on the Sigma platform. In addition to adding another regulated exchange to the Hydra X financial ecosystem, the integration with Seed CX allows institutional users access to a fiat-cryptocurrency gateway.

Hydra X provides technology, including the use of distributed ledger technology, to provide trading and settlement infrastructure for digital and traditional asset marketplaces.