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”. 

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The integration will provide FalconX access to competitive pricing and liquidity from TP ICAP’s wholesale clients.

FalconX’s institutional crypto native franchise and institutional-grade custodial capabilities provided by Fidelity Digital AssetsSM will also combine with TP ICAP through the integration.

“Collaborating with Fusion Digital Assets is another significant step in our ongoing efforts to bridge traditional financial markets and the growing crypto asset ecosystem,” said Austin Reid, global head of revenue and business at FalconX.

“This will enhance liquidity for our clients and foster an environment that propels growth and innovation in the digital asset industry. It underscores our commitment to providing secure, efficient, and seamless access to the global digital asset market for our clients.”

This integration will help bridge together the native crypto asset ecosystem and traditional financial markets, enabling improved transactions and accelerating growth in the digital asset industry.

“Bringing a player of FalconX’s pedigree onto Fusion Digital Assets is another step forward in the growth of our exchange,” said Tom Flanagan, global head of execution and liquidity management at TP ICAP Digital Assets.

“Our aim is to offer clients a unique liquidity experience in a secure environment. FalconX’s integration and support of Fusion Digital Assets advances our aim. We look forward to extending our diversified liquidity to FalconX and their franchise.”

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