Condividi questo articolo
Crypto Exchange Bitstamp Aims to Get Faster with Tech Upgrade
Crypto exchange Bitstamp is getting a new matching engine developed by Cinnober, whose clients are mostly traditional stock and commodity markets.
Make us preferred on Google
Cryptocurrency exchange Bitstamp is getting a new matching engine developed by Cinnober, a global provider of exchange and clearing technology whose clients are mostly traditional stock and commodity markets.
Cinnober's TRADExpress Trading System will replace Bitstamp's in-house matching engine, the companies announced Monday.
STORY CONTINUES BELOW
Non perderti un'altra storia.Iscriviti alla Newsletter Crypto Daybook Americas oggi. Vedi tutte le newsletter
The new system will drastically increase the exchange's capacity to match orders, which is especially important in periods of high market activity like last December's rally, Bitstamp's CTO David Osojnik told CoinDesk.
Through a representative, Osojnik explained:
"Our order matching speed is expected to become 1,250 times faster, while throughput will increase by 400 times. The increased throughput will ensure our platform is able to meet any level of demand. Our matching engine was already powerful enough to stay online through the massive rally last winter and this move will ensure trading on our platform remains stable no matter what."
This speed boost will, in turn, help Bitstamp develop an institutional trading service, Osojnik went on, allowing the exchange "to add additional order types and trading pairs without a drop in performance and as well as provide a new direct API endpoint."
The new matching engine will be implemented in a few phases, with the first changes taking place in the first quarter of next year and completion expected by the end of June, Bitstamp said.
Old world meets new
For Bitstamp, which was one of the first crypto exchanges to acquire a payment institution license in the EU back in 2016, the new trading system will be another step to establish itself as a bridge between crypto and traditional finance,CEO Nejc Kodrič said in a press release.
"Our matching engine will be on par with traditional exchanges in both speed and throughput," Kodrič said. "We chose Cinnober because of their proven track-record in worldwide financial marketplaces."
Founded in 1998, Stockholm-based Cinnober is known for powering traditional exchanges with its software, among them the Australian Securities Exchange (ASX), Brazil's B3, Dubai Gold & Commodities Exchange (DGCX), Japan Exchange Group (JPX), the London Metal Exchange (LME), the Johannesburg Stock Exchange (JSE), and others.
Peter Lenardos, CEO of the Cinnober Group, said his company's new system will help Bitstamp provide stable service to its users. "By upgrading their trading technology to further improve performance and stability as interest from investors and regulators grow, they demonstrate their firm commitment to providing a safe and reliable marketplace," he said in the press release.
Bitstamp was founded in 2011 and now has branches in London, Luxembourg, Slovenia and the U.S. As CoinDesk reported in October, a majority ownership stake in Bitstamp has just been bought by NXMH, an investment firm owned by South Korean conglomerate NXC and based in Belgium.
Nejc Kodric image via Bitcoin.com
Di più per voi
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
Cosa sapere:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
Di più per voi
Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing
Bitcoin’s onchain data points to supply overhang and weak participation, while gold’s breakout is priced by markets as a durable macro regime shift.
Cosa sapere:
- Gold’s surge above $5,000 an ounce is increasingly seen as a durable regime shift, with investors treating the metal as a persistent hedge against geopolitical risk, central bank demand and a weaker dollar.
- Bitcoin is stuck near $87,000 in a low-conviction market, as on-chain data show older holders selling into rallies, newer buyers absorbing losses and a heavy supply overhang capping moves toward $100,000.
- Derivatives and prediction markets point to continued consolidation in bitcoin and sustained strength in gold, with thin futures volumes, subdued leverage and weak demand for higher-beta crypto assets like ether reinforcing the cautious tone.
Top Stories
