FalconX integrates with TP Icap’’s spot crypto exchange


FalconX, the world's largest institutional digital asset prime broker and the first CFTC registered swap dealer, today announces a strategic partnership with Fusion Digital Assets, TP ICAP's FCA registered UK-based wholesale spot cryptoasset exchange.

The integration with Fusion Digital Assets provides FalconX with access to competitive pricing and liquidity from TP ICAP’s wholesale clients within a robust and secure framework, combining FalconX’s premier institutional crypto native franchise and institutional-grade custodial capabilities provided by Fidelity Digital AssetsSM with the extensive experience and established reputation of TP ICAP, a world-leading markets infrastructure and data solutions provider.

As the cryptoasset class continues to evolve, it is increasingly important for institutional digital asset prime brokers and their clients to interact with liquidity at venues and exchanges operated by major financial market infrastructure providers. This integration serves as a crucial bridge between the native cryptoasset ecosystem and traditional financial markets, enabling seamless transactions and fostering growth in the digital asset industry.

"Collaborating with Fusion Digital Assets is another significant step in our ongoing efforts to bridge traditional financial markets and the growing cryptoasset ecosystem," said Austin Reid, Global Head of Revenue and Business at FalconX. "This will enhance liquidity for our clients and foster an environment that propels growth and innovation in the digital asset industry. It underscores our commitment to providing secure, efficient, and seamless access to the global digital asset market for our clients."

"Bringing a player of FalconX’s pedigree onto Fusion Digital Assets is another step forward in the growth of our exchange," said Tom Flanagan, Global Head of Execution and Liquidity Management at TP ICAP Digital Assets. "Our aim is to offer clients a unique liquidity experience in a secure environment. FalconX’s integration and support of Fusion Digital Assets advances our aim. We look forward to extending our diversified liquidity to FalconX and their franchise."


By on Thu, 01 Feb 2024 14:20:00 GMT
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