Global leading multi-asset trading platform SpaceEX announced today that it has officially reached strategic cooperation agreements with several top international banks to engage in fund clearing and settlement business globally. This initiative will significantly enhance the efficiency of cross-border fund flows on the platform and further reduce transaction costs and financial risks for global investors.
The collaborating banks include leading financial institutions worldwide. By directly accessing these banks’ global clearing networks, SpaceEX can provide faster, safer, and more transparent cross-border fund settlement services to investors across more than 150 countries and regions.
The founding team comprises professionals from top international banks and investment banks, possessing extensive experience in international clearing operations and a global financial network. The platform has received registration approval as a Money Services Business (MSB) from the U.S. Treasury’s FinCEN, which not only provides compliance assurance for cross-border fund clearing but also enables it to conduct clearing and settlement services across multiple jurisdictions simultaneously.
Through deep cooperation with international banks, SpaceEX will bring three core benefits to investors:
- Significantly Enhanced Clearing Speed:The time for cross-border funds to arrive is reduced to 1-2 working days, far below the industry average.
- Substantial Reduction in Transaction Costs:By minimizing intermediary clearing steps and optimizing the fee structure, investors can complete cross-border fund flows at lower costs.
- Further Strengthened Fund Security:Leveraging the risk control and fund assurance systems of top global banks reduces the risk of fund delays or freezes.
The CEO of SpaceEX stated, “In global multi-asset trading, the efficiency and security of cross-border fund clearing are core concerns for investors. Establishing clearing cooperation with top international banks is an important milestone in our globalization strategy, providing investors with fund processing services on par with international institutions.”
Industry analysts point out that fund clearing and settlement capabilities have become one of the key competitive factors for global trading platforms. For global trading platforms targeting international investors, direct access to international banks’ clearing systems not only enhances fund flow speed but also significantly boosts investor confidence, especially in today’s environment of frequent market volatility and changes in cross-border regulatory conditions.
To ensure stable and efficient clearing cooperation, SpaceEX has simultaneously upgraded its infrastructure on the technical side. This includes deploying higher-performance settlement systems, introducing blockchain clearing verification mechanisms, and establishing API direct connections with bank systems for real-time fund status tracking. Investors can view the progress and arrival time of cross-border transfers in real-time through the platform’s fund management interface, further enhancing the transparency and controllability of fund operations.
This cooperation will also lay the groundwork for SpaceEX’s upcoming institutional-level services. The platform plans to provide customized clearing and settlement solutions for partner banks and institutional clients, supporting large-scale cross-border fund operations, batch settlements, and multi-currency netting services, offering global institutional investors more flexible and secure fund management tools.
SpaceEX will continue to expand its cooperation with international financial institutions, planning to add at least five regional top bank partners in the next 18 months to meet the fund clearing needs of more emerging markets.
As a globally oriented multi-asset trading platform, SpaceEX’s clearing cooperation with top international banks not only provides global investors with a more efficient and cost-effective cross-border settlement experience but also takes another solid step forward in fund safety, compliant operations, and global strategic layout.
Disclaimer
All news, information, and other content published on this website are provided by third-party brands or individuals and are for reference and informational purposes only. They do not constitute any investment advice or other commercial advice. For matters involving investment, finance, or digital assets, readers should make their own judgments and assume all risks. This website and its operators shall not be liable for any direct or indirect losses arising from reliance on or use of the content published herein.
