Avelacom Fully Integrates Seoul, Tokyo, Hong Kong, and Singapore for Cryptocurrency Trading

June 3, 2024 12:36 pm UTC, Rick Steves

• The demand for advanced digital asset trading infrastructure is at an all-time high due to increased cryptocurrency market activities.
• Avelacom has strategically established low-latency connections among major Asian financial hubs to cater to this demand.
• “With the rise of cloud adoption, we’re seeing a surge in Korean market participants, including both exchanges and trading firms, and mainly in digital assets.”

Discover how Avelacom’s latest interconnectivity advancements are reshaping the crypto trading landscape in Asia with ultra-low latency routes.

Expansion of Low-Latency Routes

Avelacom has announced the completion of two new low-latency routes connecting Seoul, Hong Kong, and Singapore. These routes are aimed at enhancing connectivity for digital asset markets, complementing Avelacom’s previously established Seoul to Tokyo route. The expansion is set to boost crypto trading activities by providing faster and more reliable connections.

Importance of the KINX Gasan Data Center

The strategic placement of Avelacom’s point-of-presence (PoP) in Seoul at the KINX Gasan data center plays a pivotal role. This location ensures direct access to the AWS Northeast region, facilitating ties with South Korea’s largest cloud-based cryptocurrency exchanges. Aleksey Larichev, CEO of Avelacom, remarked, “Seoul’s status as a crucial trading hub is further solidified by this expansion, driven by a significant increase in demand for cloud-to-cloud, low latency connections.”

Connectivity with Global Extensions

The new connectivity routes reinforce Avelacom’s network, linking Seoul, Tokyo, Hong Kong, and Singapore with over 100 global PoPs. This interconnectedness is essential for executing time-sensitive trading strategies such as arbitrage and market-making, ensuring traders have access to real-time market data with minimal latency. The firm guarantees latencies measured in microseconds and promises up to 99.9% network uptime.

Driving Crypto Trading Opportunities

The addition of these routes is in response to the burgeoning need for geographically diverse trading opportunities among the global crypto trading community. “With more Korean market participants, including exchanges and trading firms diving into digital assets, the necessity for robust, low-latency connections becomes imperative,” Larichev added. The enhanced infrastructure not only meets current demands but positions Avelacom as a pivotal player in the crypto trading sphere.

Conclusion

Avelacom’s new low-latency routes between Seoul, Tokyo, Hong Kong, and Singapore mark a significant milestone in the crypto trading industry. By providing almost instantaneous connections, Avelacom caters to the growing demand for efficient and reliable trading infrastructure. This development offers traders enhanced opportunities to exploit market inefficiencies and engage in sophisticated trading strategies, setting a new benchmark in the field of digital asset trading.