Connectivity and infrastructure provider Avelacom has launched a new point of presence (PoP) in AWS Stockholm, set to connect Tokyo and London cloud infrastructure.
By establishing the PoP, the firm is enabling a new alternative connectivity route between Tokyo and London-based cloud trading environments, with Stockholm as an optimal connectivity point.
Specifically, the route is set to directly benefit leading crypto-native prediction market platforms, by allowing Avelacom users to enhance their connectivity to these platforms.
“We are seeing growing demand from clients to access crypto prediction markets,” said Aleksey Larichev, chief executive at Avelacom.
“The launch of our Stockholm PoP reflects this shift and helps clients optimise their connectivity to these platforms.”
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Through the new set-up, the Tokyo-Stockholm segment of the route will achieve approximately 118 millisecond round-trip delay, while the end-to-end latency between Tokyo and London will be boosted by up to 10 milliseconds.
The new offering also marks an expansion of Avelacom’s global connectivity network, and most recently, the firm established a direct connection to nuam – the merger of Santiago, Lima and Colombia stock exchanges – through the creation a physical point of presence (PoP) at the Equinix ST1 data centre, based in Santiago.
The development expands the firm’s footprint in Latin America, and is expected to provide institutional clients across the world with real-time market data access, as well as order routing through ultra-low latency connectivity paths with built-in redundancy.