The Block: This Avalanche backed project is creating a fully encrypted exchange

Episode 26 of Season 5 of The Scoop was recorded remotely with The Block's Frank Chaparro and Enclave Markets CEO David Wells.

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David Wells is the CEO of Enclave Markets — a development team whose first product, Enclave Cross , essentially creates on-chain OTC dark pools for digital assets.

In this episode, Wells explains why OTC traders benefit from maintaining confidentiality via Enclave's Fully Encrypted Exchange ('FEX'), and how Enclave aims to combine the best elements of centralized and decentralized exchanges in its products.

During this episode, Chaparro and Wells also discuss:

How Enclave Cross eliminates MEV Why crypto needs crossing networks The 'giga-FUD' in the market This episode is brought to you by our sponsors Circle , Railgun , Flare Network About Circle Circle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value. Visit Circle.com/Scoop to learn more.

About Railgun Railgun is a private DeFi solution on Ethereum, BSC, Arbitrum and Polygon. Shield any ERC-20 token and any NFT into a Private Balance and let Railgun’s zero-knowledge cryptography encrypt your address, balance and transaction history. You can also bring privacy to your project with Railgun SDK, and be sure to check out Railgun with partner project Railway Wallet , also available on iOS and Android. Visit Railgun.org to find out more.

About Flare Flare is an EVM-based Layer 1 blockchain designed to allow developers to build applications that can use data from other blockchains and the internet. By providing decentralized access to a wide variety of high-integrity data from other blockchains and the internet, Flare enables new use cases and monetization models. Build better and connect everything at Flare.Network .

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