FalconX Expands Liquidity Access through TP ICAP’s Fusion Digital Assets Partnership

<p>The institutional digital asset prime broker FalconX has partnered with Fusion Digital Assets, TP ICAP's wholesale spot crypto asset exchange based in the UK. This collaboration aims to
provide FalconX access to competitive pricing and liquidity from TP ICAP's
wholesale clients, leveraging Fusion Digital Assets' framework.</p><p>According to a statement shared by the company, this
integration is important in the evolving landscape of crypto assets,
where interaction between institutional digital asset prime brokers and major
financial market infrastructure providers is crucial. </p><p>Connecting Crypto and Traditional Finance</p><p>By bridging the native <a href="https://www.financemagnates.com/tag/crypto/" target="_blank" rel="follow">crypto asset</a> ecosystem with
traditional financial markets, the collaboration aims to facilitate seamless
transactions and foster growth in the digital asset industry.</p><p>Austin Reid, the Global Head of Revenue and Business
at FalconX, mentioned:
"Collaborating with Fusion Digital Assets is another significant
step in our ongoing efforts to bridge traditional financial markets and the
growing crypto asset ecosystem." </p><p>"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."</p><blockquote><p lang="en" dir="ltr">Our Fusion Digital Assets exchange is built to provide deep liquidity that can be relied upon during all market conditions. That's why we’re excited to announce our partnership with FalconX, the world’s largest institutional digital asset prime broker. <a href="https://t.co/Iwq6qNbkoG">https://t.co/Iwq6qNbkoG</a></p>— TP ICAP Group PLC (@TPICAPGroupPLC) <a href="https://twitter.com/TPICAPGroupPLC/status/1752996410134253861?ref_src=twsrc%5Etfw">February 1, 2024</a></blockquote><p>Enhancing Crypto Liquidity and Innovation</p><p>This partnership aims to enhance liquidity and
facilitate the creation of a more connected and innovative digital asset
industry. According to the duo, the collaboration between FalconX and <a href="https://www.financemagnates.com/tag/tp-icap/" target="_blank" rel="follow">TP ICAP</a>'s
Fusion Digital Assets will unlock new opportunities and enhance global digital
asset liquidity access.</p><p>Last year, TP ICAP <a href="https://www.financemagnates.com/cryptocurrency/tp-icaps-institutional-crypto-exchange-finally-goes-live-for-spot-trading/" target="_blank" rel="follow">launched its institutional crypto exchange</a>, Fusion Digital Assets. After securing a UK license in December 2022,
TP ICAP's platform is operational for spot trading targeting institutional
crypto investment.</p><p>The platform's first Bitcoin/US dollar trading pair
transaction was facilitated in partnership with Fidelity
Digital Assets. This launch marked a pivotal moment for TP ICAP, which has offered crypto derivatives services since 2019, <a href="https://www.financemagnates.com/" target="_blank" rel="follow">Finance Magnates</a> reported.</p><p>Fusion Digital Assets aims to expand its asset
offerings in response to client demand. With plans for a multi-custody model,
the platform is set to accommodate diverse investment strategies and
preferences.</p>

This article was written by Jared Kirui at www.financemagnates.com.