Avelacom expects Singapore office to offer collaboration opportunities with the cryptocurrency exchanges in the region.
Avelacom, a provider of connectivity and infrastructure solutions, today announced the opening of its new Singapore office to support the growing Asia Pacific market, which generated a double-digit growth over the last year, the company said in a statement.
The new presence aims to improve accessibility of its low latency applications that are in high demand among hedge funds, trading firms, investments banks both within and outside the APAC region.
Avelacom also expects Singapore office to offer collaboration opportunities with the cryptocurrency exchanges in the region as they implement professional-grade IT infrastructure used by established financial markets. As a result, the Asian crypto community can benefit from diverse low-latency solutions, including market data delivery and order routing, cross-connect opportunities and cloud strategies.