Crypto Finance, a regulated asset manager for crypto-asset funds, announced in a blog post on Friday that it now supports the Tron blockchain and its native TRX token. The company said its institutional clients can now trade TRX via its trading desk and also store the cryptocurrency leveraging Crypto Finance’s secure infrastructure solution.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions.
TRX is up by more than 4% so far today and is trading at $0.07721 at press time.