Solutions
Mercury Digital Assets (Mercury), a technology provider for digital asset markets, has partnered with DV Chain to further enhance access to diverse pools of OTC crypto liquidity.
Mercury’s clients can now access DV Chain’s institutional-grade liquidity via Mercury’s BEACON OEMS platform or via API.
Clients can place RFQ and limit orders, allowing flexibility in how traders using Mercury’s BEACON platform can incorporate DV Chain’s liquidity into their trading workflows and strategies. OTC brokers and dealers automating their trading desks with BEACON can seamlessly trade with DV Chain as a liquidity provider while delivering bespoke 24/7 pricing and a customised trading
In 2016, SEI issued a paper on what it saw as five major innovations that were causing disruptions both within and outside of their respective industries. The company has revisited those themes – Watsonisation, Googlisation, Amazonisation, Twitterisation, and Uberisation – to provide an up-to-date picture of the innovations occurring in our industry today. Over the next few months SEI will share its findings and recent developments for each theme. Next up: Uberisation…
CSC has gone live on the Fund Recs Velocity Platform for cash, position, and trade reconciliations.
Read the full story at Institutional Asset Manager…
BMLL, an independent provider of harmonised, historical data and analytics, is to make its Data Lab available to École Polytechnique’s team of quantitative researchers.
Read the full story at Institutional Asset Manager…
Sovryn, a bitcoin-based decentralised finance (DeFi) protocol, has agreed a USD9 million investment from a consortium of partners, vetted for their strategic contribution and led by Anthony Pompliano’s Pomp Investments, after a proposal was formally accepted by the Sovryn community.
Tuesday 13 April also sees the first day of Sovryn (SOV) trading, exclusively on the Sovryn platform, before it becomes available on other exchanges.
Of the groups that applied to invest, those which were vetted and accepted include representation by leading exchanges such as Cadenza (a BitMEX affiliated venture fund) and AscendEX (BitMax) and Gate.io as well as blockchain
Tether tokens (USDt) has more than doubled this year to a market capitalisation of USD45 billion.
Tether Operations says the ‘Tetherisation’ of trading is continuing at a pace with many digital token spot exchanges denominating pairs in USDt rather than bitcoin (BTC). Meanwhile, USDt is increasingly being used in remittances and innovative projects in the digital token ecosystem, including those in the nascent space of decentralised finance (DeFi).
USDt has recently been hitting about 100x USD Coin (USDC) in daily trading volume, according to data from CoinGecko, a crypto data service.
“This is setting out to be a landmark year
Digital asset investment products saw inflows of USD83 million last week, according to the the latest Digital Asset Fund Flows report from CoinShares’ James Butterfill.
Last week was also he first week of no outflows across providers since mid-February 2021.
Digital asset investment products saw inflows of USD55 million and USD22 million into bitcoin and ether respectively, while multi-asset digital investment products saw inflows of USD8 million, the largest since late February.
In recent weeks daily trading turnover for bitcoin has declined 33 per cent to USD7.7 bilion. There has also been a similar drop in digital asset investment products
Tyr Capital Partners, the team behind crypto arbitrage hedge fund, Tyr Capital Arbitrage SP, is setting up an actively managed long-only fund to launch next year, following increasing demand from investors.
Read the full story at Institutional Asset Manager…
Last year proved to be a strong litmus test for the hedge fund industry, with a slew of strategies able to post solid returns in a market that witnessed an incredible trough to peak recovery between Q2 and Q4.
4OTC, a FinTech provider of connectivity services for Digital Assets and FX, has announced that Russell Fernandes and Mark Price have joined Alexis Atkinson as Co-Founders.
