The TRADE sits down with Toby Norfolk-Thompson, chief investment officer (US & UK) and Omid Zadeh, head of prime sales at digital asset prime broker Matrixport, to discuss the future of institutional crypto trading – where are we now, where are we headed, and what needs to change?
Institutional adoption of digital assets is growing rapidly, but the liquidity landscape remains fragmented
A new survey finds that although institutional crypto trading is on the rise, the fragmented nature of available venues remains a challenge.
The new hire will hold the position of global head of regulatory affairs and integrity.
The two firms will work together to create a market structure for digital assets, with the deal coming on the back of President Biden’s recent strategy announcement on crypto regulation.
The reference rates will be settled in US time, providing a new risk management tool to meet institutional client demand.
The prime crypto brokerage loaned $50 billion to institutional borrowers including hedge funds last quarter, while crypto derivatives trading on the platform also hit record levels.
Hayley McDowell considers what the launch of Facebook's own currency means for the financial markets and the traditional banks that are in danger of being left behind.
Aite Group estimates that around 21% - or $100 billion – of cryptocurrencies have been traded in the OTC market in the first four months of 2018.
Crypto Facilities will launch Litecoin futures contracts this week in a move that could open up the market to institutional players.
trueEX has established new ‘trueDigital’ business to offer non-deliverable forwards for Bitcoin on new marketplace.