Coinhako will join as a trading counterpart, offering and accessing liquidity on the exchange.  

“As institutional investors increasingly seek portfolio diversification through cryptoassets, the requirement for platforms capable of handling increased order sizes in the wholesale market becomes paramount,” said Kelvin See, head of trading at Coinhako.  

“For sophisticated investors and trading firms, liquidity, transparency and price slippage are crucial considerations, and this partnership will cater to those needs and will help drive further adoption.” 

As part of the development, Coinhako’s trading and liquidity solutions will be integrated with Fusion Digital Assets, helping facilitate risk exchange and increase liquidity in response to the growing demand of the wholesale market. 

Read more: FalconX integrates with TP ICAP’s Fusion Digital Assets 

Simon Forster, managing director at TP ICAP Digital Assets, explained that 2024 was a “watershed moment” for the cryptoasset class, asserting that it was “the year that the wholesale market truly began to take permanent shape”. 

The post TP ICAP adds Coinhako to cryptoasset exchange as trading counterpart appeared first on The TRADE.