Expanding Institutional Access: DeFinity Markets and One Trading Collaborate
<p>To
broaden liquidity access for eligible institutions, DeFinity Markets, powered
by DMALINK, and One Trading, a European Union-based crypto trading exchange,
have announced a strategic partnership. This collaboration aims to establish
the most expansive custody-agnostic institutional digital assets and fiat rails
in the region.</p><p>Collaboration
Reshaping Institutional Digital Asset Ecosystems</p><p>The
collaboration signifies a step in reshaping institutional digital asset
ecosystems, offering clients diverse destinations for achieving optimal execution. One Trading's trading
platform complements DeFinity's pedigree, born from DMALINK's low-latency
architecture.</p><p>Manu
Choudhary, the Co-Founder of DeFinity Markets, said: "Our goal is to drive
market evolution hand in hand with innovative tech-led enterprises. The synergy
with One Trading exemplifies our dedication to accelerating progress within the
broader market. Our steadfast focus on performance-enhancing technology
positions us to redefine the very fabric of electronic trading standards for
digital assets." </p><p>The
partnership comes at a time when <a href="https://www.financemagnates.com/institutional-forex/dmalink-and-commerzbank-forge-partnership-for-cross-currency-solutions/">DeFinity
Markets has onboarded Commerzbank for interbank FX market access</a>, providing
cross-currency product support and expanding liquidity options. The
collaboration strategically aligns with DMALINK's client-focused criteria,
emphasizing geographical location. </p><p>DMALINK,
developing its FX services, sees this integration as a response to ongoing
client demand, in line with its core objective of delivering efficient,
data-driven institutional FX liquidity. Additionally, DMALINK has broadened
Scandinavian currency options through collaboration with Danske Bank, enabling
access to tailored liquidity. </p><p>Addressing
Infrastructure Challenges: One Trading and DeFinity's Focus</p><p>One
Trading, as a European digital asset trading platform, holds a <a href="https://www.financemagnates.com/tag/vasp/">VASP</a> registration in Italy
and a <a href="https://www.financemagnates.com/tag/mifid/">MiFID</a> trading
venue license under the application. DeFinity Markets, known as the
Institutional Standard in Digital Assets Trading, operates on
institutional-grade technology, providing market access to global Financial
Institutions.</p><p>Andy
Mosson, the Chief Commercial Officer at One Trading, commented: "One Trading
stands at the forefront of global digital asset exchanges, boasting
unparalleled technological advancement. It is a privilege to collaborate with
the DeFinity Markets team, known for their commitment to innovation in the
digital asset sector and building on their strong track record in the
traditional wholesale FX markets. Their unwavering pursuit of innovation
resonates profoundly with our vision.” </p><p>Chris
Park, a Co-Founder of DeFinity Markets, highlighted the challenge of
institutional infrastructure and interoperability hindering mainstream
Financial Institution adoption in the current Digital Asset market. The
partnership with One Trading aims to address this issue, fostering development
at the intersection of traditional and digital markets.</p><p>Michael
Siwek, a Co-founder of DeFinity, underscored the strategic choice of partners that
bring exciting capabilities to financial markets. The partnership with One
Trading extends beyond crypto, reflecting the commitment to advancing financial
market offerings.</p>
This article was written by Tareq Sikder at www.financemagnates.com.
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