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“With separate custody and execution functions – such as prime brokerage, clearing and funding – Hidden Road helps counterparties mitigate risk. This appears to be a model that institutional investors are adopting.
Gold-i has announced that Crypto Switch, its crypto liquidity aggregation platform, has integrated with the global credit network, Hidden Road.
Hidden Road offers premium brokerage services on traditional and digital assets with real-time API functionality. Gold-i’s Crypto Switch is now connected to the Hidden Roads API, allowing the former to provide fast and robust crypto liquidity aggregation and copy every transaction in real time for their settlement processes.
Separate functions of custody and execution
Tom Higgins, Founder and CEO of Gold-i, said: Hidden Road is a leading provider of traditional and digital assets and has used its expertise in the FX world to create a highly credible ecosystem in the crypto world. With separate custody and execution functions – such as prime brokerage, clearing and funding – Hidden Road helps counterparties mitigate risk. This seems to be a model that institutional investors are adopting.
We are delighted to have integrated our Crypto SwitchTM with the Hidden Roads API. Adoption of institutional digital assets continues to grow and Hidden Road has a compelling offering, with impressive connectivity and a formidable pool of OTC market makers providing deep liquidity.
Michael Higgins, Global Head of Business Development, Hidden Road (no relation to Tom Higgins) added that Hidden Roads’ goal remains to provide our clients with a robust set of tools across traditional and digital asset classes, to both through our own offerings and through the use of strong partners. Gold-i’s Crypto Switch seamlessly integrates with our credit network and premium OTC brokerage offering, and is further proof of our partner-first philosophy.
Crypto Switch leverages Gold’s flagship aggregation, liquidity management and distribution technology stack to provide a proven institutional solution for the consumption and distribution of crypto liquidity, integrated with multiple market makers and crypto exchanges.
In addition to ensuring tight spreads, deep liquidity and low latency, Crypto Switch is fully integrated with central settlement and clearing partners, providing fiat and digital asset settlement, regulatory compliance and institutional custody.
The cryptocurrency aggregation platform offers access to nearly 20 LPs and recently integrated Binance, the world’s largest cryptocurrency exchange, as part of an initiative that allows institutional clients of Gold -is to trade Binances and product offerings.
In Asia-Pacific, Gold-i has promoted Joy Li to APAC Manager to focus more on Crypto Switch solution, especially in Hong Kong, Singapore, Japan and Korea. Gold-i Bridge, Matrix and MAM are the company’s flagship products in Asia-Pacific, but demand for digital asset trading continues to rise, leading Joy Li to lead a campaign to grow the Gold customer base -is crypto fund managers in the region, managing all of their technology infrastructure, including access to crypto market makers and clearing.
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