Posted 3/7/2024, 10:00:00 PM
Athens Exchange Adopts Sui Blockchain for Improved Stock Trading Infrastructure
- Athens Exchange Group (ATHEX) integrating Electronic Book Building system with Sui blockchain to improve stock exchange operations
- Partnership with Mysten Labs aims to leverage Sui's security, transferability, transparency for securities
- Integration provides resilience against outages to ensure investors unaffected by failures
- Despite announcement, SUI token has seen downtrend below $1.45, indicating shift to bearish outlook
- Collaboration represents forward step in combining traditional finance with blockchain innovation for more efficient, secure exchanges