24X Completes First Spot Cryptocurrency Trade in BTC

24X, a Bermuda-based entity, executed its first spot cryptocurrency trade, marking an operational milestone for the firm. Standard Chartered and Cumberland DRW served as counterparties in the inaugural transaction, which involved Bitcoin. The trade signals 24X's entry into active spot crypto market participation, with established financial and trading institutions backing the transaction.

• 24X completed its first spot Bitcoin trade with major institutional counterparties Standard Chartered and Cumberland DRW.
• The move represents 24X's initial foray into executing spot cryptocurrency transactions as a Bermuda-registered entity.