UK-based fintech firm Gold-i and crypto liquidity supplier Cypator have introduced a brand new partnership geared toward enhancing cryptocurrency liquidity entry for retail brokers. The collaboration integrates Cypator’s crypto liquidity swimming pools with Gold-i’s MatrixNET liquidity administration platform.
This integration is designed to supply retail brokers utilizing Gold-i’s MatrixNET with entry to Cypator’s cryptocurrency liquidity and execution companies. The partnership goals to handle challenges within the crypto buying and selling market, akin to liquidity depth and execution velocity for retail shoppers.
Based on the businesses, the mixing will enable brokers to supply their shoppers entry to a wider vary of cryptocurrencies. It could additionally result in extra aggressive pricing and tighter spreads, although the precise affect stays to be seen as the mixing rolls out.
“This partnership underscores our dedication to offering revolutionary options that meet the evolving wants of the crypto buying and selling group,” Tom Higgins, CEO of Gold-i, commented. “By integrating Cypator’s liquidity into our MatrixNET liquidity administration platform, we’re offering an much more compelling providing for shoppers wishing to entry the crypto markets.”
The collaboration is predicted to supply a number of potential advantages, together with elevated market depth, entry to Cypator’s community of market makers, and the power to leverage Gold-i’s present expertise infrastructure.
Based on the announcement, the collaboration is geared toward facilitating integration between the 2 platforms. The businesses state that is supposed to reduce disruptions to shoppers’ present operations.
“Partnering with Gold-i aligns completely with our mission to reinforce buying and selling effectivity and entry to the cryptocurrency market,” mentioned Ayal Jedekin, CEO at Cypator. “This collaboration allows us to ship even better worth to our shoppers.”
Current Developments at Gold-i
Finance Magnates reported in April that Chris James, the Chief Expertise Officer (CTO) of Gold-i, has departed from the corporate after a six-year tenure. Throughout his time, James was accountable for varied essential departments together with consumer assist, operations and onboarding, software program improvement, and high quality assurance.
In the meantime, Gold-i, identified for offering MetaTrader instruments and liquidity administration options, has launched its Swap Free plug-in. This new software of their product lineup allows brokers to supply buying and selling accounts that don’t generate curiosity funds.
On the finish of final yr, Gold-i and Finalto cast a partnership. By this collaboration, Finalto has built-in Gold-i’s liquidity administration platform, MatrixNET, immediately into its buying and selling and account administration system, ClearVision. This integration provides Finalto’s dealer shoppers enhanced choices for aggregating or distributing FX and crypto liquidity.
