Finery Markets, a global trading infrastructure provider for digital assets, has partnered with digital assets financial services provider BitGo, which will add regulated qualified custody and automated settlement to the former’s trading network. According to a statement, BitGo will secure assets via BitGo Trust Company and use its settlement solution Go Network to clear and settle trades on Finery’s non-custodial platform. Matt Ballensweig, Managing Director at BitGo, said that the Finery Markets partnership would “support leading crypto prime brokers that face operational friction in the current environment”. He added: “To date, primes and OTC desks would need to bilaterally settle transactions daily with both their liquidity providers and their takers - now, they can offload that responsibility to BitGo Trust and focus on broadening connectivity and providing credit.”
Verition sees five macro trader departures as it adds London portfolio manager
Multi-strategy hedge fund Verition Fund Management has seen at least five macro traders depart its ranks, while adding a new portfolio…
More
Hedge funds decline 0.31% in September as investor flows turn negative – SS&C GlobeOp
Hedge funds posted a 0.31% decline in September 2026, while net investor flows fell 0.16% in October, according to the latest SS&C…
More
Whitbread rejects Corvex board demand as activist campaign escalates
Premier Inn owner Whitbread has urged shareholders to reject activist hedge fund Corvex Management's demand for board representation,…
More