NEWTOWN, PA — Deltix, a part of EPAM Systems, Inc., a leading digital transformation services and product engineering company, announced its integration of the CryptoCortex trading platform with TP ICAP’s Fusion Digital Assets exchange.
CryptoCortex is an advanced platform designed to support the full life cycle within the trading ecosystem. It caters to buy-side and sell-side clients, including exchanges, brokers, over-the-counter trading desks, and market makers. It is particularly specialized in the primary and secondary market trading of digital assets and cryptocurrencies.
“With the addition of Fusion to the Deltix CryptoCortex ecosystem, we have further increased the number of liquidity venues that our institutional investors can trade digital assets,” commented Ilya Gorelik, Head of EPAM’s RAIL Lab.
Fusion Digital Assets combines TP ICAP’s expertise in operating venues and organizing execution with Fidelity Digital Assets’ institutional-grade custodial capabilities. The venue currently supports trading in Bitcoin and Ether against USD. In response to client demand, it plans to expand the assets it supports and add more custodians to develop a multi-custody model.
Tom Flanagan, Global Head of Execution and Liquidity Management said, “Completing the CryptoCortex integration will allow clients to easily access our non-custodial exchange and the diversified liquidity we have sourced from the crypto-native landscape and TP ICAP’s TradFi client base.”
The core elements of the venue include Fusion, TP ICAP’s proprietary electronic platform for order matching and trade execution, and Fidelity Digital AssetsSM, an industry-leading custodian providing independent safekeeping of clients’ inventories and settlement services through a segregated model. Additionally, the venue offers anonymous aggregation of streaming liquidity from world-leading market makers and uncorrelated liquidity from TP ICAP’s global client base.
The venue is operated by TP ICAP E&C Limited and registered with the FCA as a crypto asset exchange provider.
The integration of CryptoCortex with Fusion Digital Assets exchange is expected to provide a significant boost for clients looking to access and trade digital assets in a secure, efficient and regulated environment. For more information about Deltix’s CryptoCortex platform or the integration with TP ICAP’s Fusion Digital Assets exchange, visit the official CryptoCortex website.
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