What is Loopring?
Loopring provides traders, participants, and institutions with a decentralized, automated trade execution system that intelligently implements their trades across the world’s crypto exchanges, shielding them from counterparty risk and reducing their trading costs. Loopring intermediates trust between blockchains and exchanges, allowing trading members to retain custody of their funds. It is for ERC20 tokens initially but eventually will be expanded across all blockchains.