UK-based
fintech company Gold-i and crypto liquidity provider Cypator have announced a
new partnership aimed at improving cryptocurrency liquidity access for retail
brokers. The collaboration integrates Cypator’s crypto liquidity pools with
Gold-i’s MatrixNET liquidity management platform.
Gold-i and Cypator Join
Forces to Boost Crypto Liquidity for Retail Brokers
This
integration is designed to provide retail brokers using Gold-i’s MatrixNET with
access to Cypator’s cryptocurrency liquidity and execution services. The
partnership aims to address challenges in the crypto trading market, such as
liquidity depth and execution speed for retail clients.
According
to the companies, the integration will allow brokers to offer their clients
access to a wider range of cryptocurrencies. It may also lead to more
competitive pricing and tighter spreads, though the exact impact remains to be
seen as the integration rolls out.
“This
partnership underscores our commitment to providing innovative solutions that
meet the evolving needs of the crypto trading community,” Tom Higgins, CEO of
Gold-i, commented. “By integrating Cypator’s liquidity into our MatrixNET
liquidity management platform, we are providing an even more compelling
offering for clients wishing to access the crypto markets.”
The
collaboration is expected to provide several potential benefits, including
increased market depth, access to Cypator’s network of market makers, and the
ability to leverage Gold-i’s existing technology infrastructure.
According
to the announcement, the collaboration is aimed at facilitating integration
between the two platforms. The companies state this is intended to minimize
disruptions to clients’ existing operations.
“Partnering
with Gold-i aligns perfectly with our mission to enhance trading efficiency and
access to the cryptocurrency market,” said Ayal Jedekin, CEO at Cypator.
“This collaboration enables us to deliver even greater value to our
clients.”
Recent Developments at
Gold-i
Finance
Magnates reported
in April that Chris James, the Chief Technology Officer (CTO) of Gold-i, has
departed from the company after a six-year tenure. During his time, James was
in charge of various crucial departments including client support, operations
and onboarding, software development, and quality assurance.
Meanwhile,
Gold-i, known for providing MetaTrader tools and liquidity management
solutions, has introduced its Swap Free plug-in. This new tool in their product
lineup enables…
