Solutions
Crypto custody solutions provider Trustology has partnered with FCA-regulated, OTC broker, GCEX, to create a secure liquidity network backed by institutional-grade custody for digital asset trading amongst their client base of institutional investors, ultra-high-net-worth individuals and brokers.GCEX’s strategic partnership with Trustology is aimed at enabling customers to complete transactions at speed, but with added security improvements and access to secure custody, helping GCEX facilitate a thriving ecosystem of OTC brokers, institutions, and custodians.
“We’re delighted GCEX selected Trustology as their custody provider,” says Alex Batlin, CEO and founder of Trustology. “We’re looking forward to helping GCEX support their institutional investors across the
The digital asset space has expanded to include multiple cryptoasset types, blockchains and a variety of centralised and decentralised exchanges – the administrative burden of which has grown exponentially for investors. As larger investors such as asset managers and family offices look to increase their trading activity in the digital space and diversify their portfolio, services provided by third parties to support their efforts are gaining importance.
Capital inflow into digital assets from active asset managers is expected to increase in the near future. Investor concerns regarding exposure to credit risk from exchange venues are being overcome as a result of new infrastructure developments.
Bitfinex, a state-of-the-art digital asset exchange, is leading the way in driving mass institutional participation in the crypto trading market. Through strategic partnerships, Bitfinex has created an institutional calibre offering, providing hedge fund managers with a robust infrastructure to enable them to offer digital asset trading to clients.
By A Paris – The institutionalisation and maturing of the cryptocurrency and digital assets world is taking place – at present this is primarily happening through investment professionals moving from traditional finance and setting up their own cryptocurrency funds. But increased allocations from institutional investors are also expected to follow as the long-term outlook for the sector looks robust, volatility notwithstanding.
Niclas Sandstrom, CEO & co-founder of Hilbert Capital, assesses the development of the industry through people moves: “Many of my colleagues, myself included, came from traditional finance, hedge funds or investment banks. This movement is a good thing because, although there are also people coming from
Continued central bank support amid the Covid-19 pandemic is creating “bubble-style valuations” in markets, according to Chenavari Investment Managers, a London-based credit-focused hedge fund.
By Patrick Ghali (pictured), managing partner, Sussex Partners – A lively debate is currently taking place amongst allocators as to whether onsite due diligence and face-to-face meetings are still necessary given the current environment. The simple answer must be a resounding: yes, absolutely.
OKEx, a bitcoin and ethereum futures exchange, has listed The Midas Touch Gold (TMTG), the ecosystem token of Digital Gold Exchange (DGE), with trading pairs against USDT and BTC.
TMTG spot trading will open from 07:00 UTC on 24 June, 2020. The deposit and withdrawal of TMTG will be available from 07:00 UTC 19 June, 2020 and 09:00 UTC 24 June, 2020 respectively.
TMTG was issued by DGE in 2018 as a bridge between traditional assets and cryptocurrency. In 2018, DGE signed an exclusive agreement with Korea Gold Exchange 3M, allowing TMTG holders to buy digital gold tokens, which can
Tether, the blockchain-enabled platform behind the largest stablecoin by market capitalisation, and Compound, a decentralised lending market, are spearheading growth in the nascent decentralised finance (DeFi) space as USDt volume on the platform has surged above USD100 million.
Major growth in the trading of cryptocurrency assets, including during the Covid-19 pandemic, is driving demand for low latency access to the Amazon Cloud (AWS) in London from sophisticated institutional investors, operating in the derivatives market in particular.
Since the start of this year, 30 per cent of Avelacom clients already involved in crypto trading are now accessing AWS London and the global connectivity provider expects this to rise to 50 per cent within months.
Digital assets are characterised by high volumes traded across multiple regions, which now includes London as more crypto-exchanges and trading firms deploy their cloud-based
