2018-10-4 21:24 |
Caspian, a leading full-stack cryptocurrency trading and risk management platform, has announced on Oct. 2 its partnership with B2C2, a cryptocurrency market maker, aiming to further enhance OTC trading for institutional investors.
Caspian–B2C2 Partnership to Address the Issues With Large-Volume Trades on ExchangesTrading cryptos at larger volumes on traditional exchanges can frequently be impractical because inadequate liquidity and slippage can lay investors vulnerable to significant losses. Additionally, investors who follow diverse strategies would have to execute multiple trades and maintain target allocation across several exchanges, surrounded by a challenging audit and compliance environment.
Caspian provides a complete asset management solution that interconnects the biggest cryptocurrency exchanges, all in a single platform. It is primarily focused on addressing issues faced by institutional investors and covers the whole lifecycle of a trade. The joint venture with B2C2 aims at providing large investors with the necessary liquidity, which will be streamed via API connectivity directly into the Caspian ecosystem.
Representatives from both parties expressed their satisfaction with this partnership, which is expected to direct more users to the Caspian platform. Robert Dykes, CEO of Caspian, said:
“B2C2 is one of the largest crypto market makers and it is therefore great to have them as a partner. Our goal is to build an ecosystem of partners that can help sophisticated traders to work effectively and efficiently, so we are very happy to have B2C2 adding to our offer.”
Similarly, Max Boonen, director, and co-founder of B2C2, said:
“We’re delighted to be joining Caspian as they seek to increase institutional involvement in crypto trading. Many retail brokerage firms already trust us to provide liquidity for their crypto trades and we believe the multi-functional Caspian platform will appeal to these clients too.”
The Allies’ “Who Is Who”Headquartered in London, B2C2 becomes the latest company to join the Caspian ecosystem in a long list of strategic partners, including Coinbase, Gemini, Binance, and others. Since its inception in 2015, B2C2 has completed several billion-dollars worth of transactions in currency pairs of all the major fiat currencies and the most popular digital assets, such as Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and more. B2C2 handles OTC trades of any size, from small to multimillion-dollar blocks, which are instantly executed with post-trade settlements.
Caspian is led by an experienced team of developers and offers a complete suite of trading algorithms, portfolio, and risk management tools, as well as real-time and historical P&L reporting. By leveraging the capabilities and resources of its partners, Caspian enables its institutional clients to execute OTC trades with efficiency, protecting them from the inconsistencies of the open market. It has partnered with numerous crypto exchanges, wallet providers, and custodial services, with a long-term goal to attract more investors in the industry of digital currencies.
Caspian and B2C2 Team up to enable High-Liquidity OTC Cryptocurrency Trading was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
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