Crypotonomic and Quantreq Partner to Create Insured Hot Wallet and Crypto Lending Desk

2018-10-19 22:13

Quantreq Capital Markets, LLC is an international provider of crypto capital market services. It is also the first crypto fund-only administrator that has over a billion dollars in assets under administration. Quantreq recently announced that it was working with Cryptonomic to assist in the development, deployment, and support of its prime services group. Cryptonomic is a blockchain technology developer and engineering company.

How Quantreq Will Work

Quantreq’s prime services group is tailored only for institutional hedge fund managers. It will allow funds to open one prime account, which they can use to trade across the firm's counterparty exchange relationships. The trades will occur via the FIX connectivity. They will utilize its customizable trading algorithms to ensure the best execution.

The Quantreq prime services and fund administration users will also have access to the insured treasury hot wallet and crypto lending desk. Its hot wallet will debut in Q1, and the crypto lending desk will debut in Q2.

The treasury hot wallet was created to enable funds to move liquid crypto between exchanges in a secure, insured, and fast environment. This environment will satisfy investors rather than having to request funds from cold storage. It exposes investors to the risk of missing opportunities due to time slippage that occurs when deploying digital assets.

Josh Gibson will be at the helm in this operation at Quantreq, where he is the head of capital markets. He comes from Bluenode Capital, a Venture Capital firm and Citibank’s Institutional Foreign Exchange desk in New York City.

According to the CEO of Quantreq Alex Mascioli, since the company has operated and grown in the crypto world, the creation and improvement of institutional infrastructure and capital market products are growing in importance. This is necessary for efficiency.

Cryptonomic is based in New York City. A group of experts with backgrounds in traditional finance leads it. They have worked with firms such as J.P. Morgan. The firm has expertise in Tezos, Ethereum, IPFS. It has done various projects in the blockchain field such as Conseil, Tezori, and Arronax.

About Quantreq Capital Markets

Quantreq is a crypto markets firm. It is also the first crypto fund only administrator in existence. The firm provides services such as institutional crypto hedge fund administration and prime services. It also offers crypto market data and pricing services, aggregate management of portfolios, risk analysis, agency OTC order-flow execution, traditional and online AML/KYC compliance, capital introduction, and investor services.

Some of the prominent fund clients that are administered by the firm are Hyperion Decimus, Sora Venture, Arca Funds. Quantreq is currently connected with 13 exchanges. These exchanges are some of the most popular such as Coinbase and Binance. It is also connected with seven OTC trading desks globally.

Summary

In the recent past, there has been a huge uptick in institutional investors in the crypto world. This is in both the number and the size of buy orders. However, many are still not confident with the investment vehicles offered. This is why firms such as Quantreq are so important.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0071779 (-100%)

crypto quantreq cryptonomic capital services announced under

crypto quantreq → Результатов: 3


Institutional crypto provider Quantreq teams with Cryptonomic for insured hot wallet

CryptoNinjas Quantreq Capital Markets, an international provider of cryptocurrency capital market services and the first crypto fund-only administrator with over $1 billion in assets under administration, announced today its partnership with blockchain technology developer and engineering firm Cryptonomic to further assist in the development, deployment,.

2018-10-18 01:49