IDEX will leverage Algorand solutions to empower a non-custodial exchange IDEX, a non-custodial cryptocurrency exchange, will expand its services with Algorand technology as part of a plan to expand into new and sought-after platforms.

IDEX leverages Algorand solutions to empower non-custodial exchange

Non-custodial cryptocurrency exchange IDEX will expand the capabilities of its services using Algorand technology as part of the plan to enter new demanded platforms.

According to the blog post of the exchange, IDEX and Algorand will work together to create advanced financial instruments and services, which should ultimately lead to the emergence of a "next generation decentralized exchange.".

“With the help of Algorand, IDEX will be able to develop a complete solution with asset tokenization and programmable transfers at the first level,” the exchange writes. Going forward, the new Algorand elements will also allow IDEX to get rid of the complexities of smart contracts..

According to DappRadar, IDEX is currently ranked first among all smart contract exchanges in the Ethereum system in terms of activity over seven days..



In late August, it became known that Algo Capital had raised $ 200 million for its venture capital fund, which will finance the expansion of the Algorand ecosystem..

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