TradFi meets DeFi: Swiss meta-exchange unifies trading across FX, CEXs and DEXs
This Swiss platform unifies traditional finance experience with DeFi, coining the term “MEX” with its Smart Engine meta-exchange. Crypto gets traditional finance treatment with the Smart Engine, a first-of-its-kind meta-exchange by SwissBorg. Unifying the experience for FX, CEX and DEX trading, Smart Engine has recently integrated with Solana, bringing direct fiat on-ramps for Solana-based projects. The cryptocurrency market is fragmented, with thousands of coins listed on a variety of centralized (CEXs) and decentralized (DEXs) exchanges. This complexity is a barrier to entry for both individuals and institutions from traditional finance. Crypto trading is complex, difficult to use, and requires a deeper understanding of the underlying technology to succeed. Users also need to create new accounts on multiple trading platforms and complete rigorous Know Your Customer (KYC) processes for each CEX just to access a wide range of assets and trading pairs. Even then, getting the lowest sli...