AlphaPoint announced at Money20/20 it has been chosen by Bitfinex to enhance its backend technology and enable the company to maintain its rapid growth. In preparation for the next wave of expansion in the digital currency space, Bitfinex aims to add the fast executions and great order throughput to its list of competitive advantages. To this end, Bitfinex has evaluated technologies that would scale with its long-term needs and be agile enough to constantly evolve in this fast-paced industry while still allowing the company to focus on customer relationships and strategy.

By embracing the AlphaPoint Exchange Platform, Bitfinex will be able to rapidly and securely scale as the bitcoin and digital currency markets mature. Key benefits include: Rapid Scalability -- The AlphaPoint platform is an enterprise solution capable of processing nearly a million transactions a second. This level of performance will ensure Bitfinex is prepared for both long-term growth and massive short-term trading volume spikes.

Flexible Architecture -- The flexibility and modularity of the AlphaPoint platform will allow traders and institutions to interact with Bitfinex's liquidity in any way they are most comfortable (preferring FIX Gateway over another). With Web-based trading tools, AlphaPoint's front-end technology will help improve the overall digital currency trading experience.