Partnership enhances liquidity access across digital asset markets
BitGo Prime, LLC (“BitGo Prime”), a subsidiary of BitGo Holdings, Inc. (“BitGo”), the digital asset infrastructure company, announced the addition of Virtu Financial (“Virtu”) to its global liquidity network, strengthening liquidity access and execution quality.
Read More on Fintech : Global Fintech Interview with Rob Young, Managing Director – UK at InDebted
Virtu is a leading provider of multi-asset liquidity and innovative, transparent products across the investment cycle to the global financial markets.
BitGo Prime provides clients access to aggregated liquidity through a single platform designed to improve price efficiency and execution quality. Throughout trading and settlement, client assets remain securely held in custody with BitGo Bank & Trust, National Association, an OCC-chartered digital asset trust bank, or BitGo Europe GmbH, a regulated crypto-asset service provider with a Markets in Crypto-Assets Regulation (MiCAR) License from the German Federal Financial Supervisory Authority (BaFin).
“Clients continue to look for trusted partners that can provide deep liquidity, consistent execution, and operational reliability through all market conditions,” said Adam Sporn, Head of Prime Brokerage and U.S. Institutional Sales at BitGo. “Expanding our liquidity network with leading firms like Virtu is an important part of delivering a best-in-class trading experience for our clients.”
“The addition of Virtu to BitGo’s network reflects Virtu’s continued commitment to expanding our presence across digital assets, allowing us to increase liquidity and provide institutional clients with the competitive pricing they have come to expect across other asset classes we participate in,” said Scotte Moegling, Head of Business Development for Digital Assets at Virtu Financial.
As BitGo Prime continues to expand its institutional trading ecosystem, the addition of Virtu further enhances BitGo’s ability to deliver efficient liquid markets for institutional participants globally.
Catch more Fintech Insights : The AI Shift in Fraud: Why Banks Need a New Playbook
[To share your insights with us, please write to psen@itechseries.com ]
