Technology Metals Market (TM2)

About project

The Technology Metals Market is a unique platform that allows direct investment in technology metals and other high-tech materials, such as graphene and graphite.

These materials are crucial to industries such as electric vehicles, aerospace, semiconductors, and other advanced technologies and are in high demand, leading to global recognition of their critical importance.

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Facts

The world's first commodity trading platform using blockchain technology. It offers trading in elements such as Ruthenium, Iridium, Dysprosium, Tellurium, and others

£20 M "Round A" funding with £100 M valuation

Current Round: Round A Working business.

Analytics and reporting system for highly liquid trading


Based on Microsoft Power BI

The development team consists of 8 members.

3 Java/Kotlin/GoLang, 1 C++ blockchain, 3 front-end, 1 QA engineer

The product management team consists of 3 members.

1 Product management, 1 UX/UI designer, 1 Analyst

Customer

TM2 Limited

Spellsystems Role

  1. Trading platform for the primary and the secondary market
  2. Integration High-frequency matching engine for secondary market
  3. Integrate Trader Interface for High-frequency engine for secondary market
  4. Cash management system for multiple bank accounts settlements
  5. Developement of the public website
  6. Verification of client's Identity
  7. Payment gateways
  8. Analytics and reporting based on Power BI
  9. Full clearing and settlement system

Implementation

We have developed a software product that integrates a lot of services that a critical to metal trading, including:
  • High-frequency trading engine provided by NASDAQ
  • UI interface trading, provided by CQG
  • Analytics and reporting system, based on Power BI
  • Compliance verification  provider
  • External bank systems 
  • Payment gateway
  • Public blockchain.

Technologies

С++, Java, Kotlin, GoLang, React.js
Stellar Fork. Rebuilt and modified into MinfiniumTM
Trading frequency: 50,000 trading deals/hour, 100,000 Daily Active Users (DAU)/3,500,000 Monthly Active Users (MAU)
Digital Ledger & Clearing technology built in
KYC/AML provider services integrated and built in
Digital & Physical security Integration
Privacy layer modifications
Integration with third-party CRM systems (HubSpot, Salesforce)
High frequency matching engine and traders interface integrated. FIX, ITCH, Nasdaq UMS, CQG, QuickFIX
Integration with payment providers & banks
End-to-end monitoring systems & incident management: ELK Stack, Zabbix, Telegram
Private and Public API for trading and transferring data.

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