Modulus, a US-based technology developer, has filed a patent for a new order type called “Automatic Order Autonomy” within their white label futures exchange solution, offering a competitive advantage.
Facts
- Modulus, known for its high-performance technology, filed a patent for “Automatic Order Autonomy” in their white-label futures exchange.
- This technology was previously used by FTX for their exchange.
- Modulus CEO Richard Gardner praised the innovation and noted that it’s especially relevant as regulators make it challenging for crypto spot ETFs to move forward.
- Modulus has been a pioneer in cryptocurrency exchange innovation, introducing a market surveillance and risk management solution in 2018.
- They recently launched an AI conversational assistant for digital asset exchanges, providing instant help with trades and account queries.
- Richard Gardner joined the Board of Directors of the American Society for AI (ASFAI).
- Gardner emphasized the importance of being prepared for the upcoming cryptocurrency market boom, highlighting the value of a white-label solution with top-notch security, latency, and scalability.
