Highlights:
- LTP and Bitstamp partner to offer institutions improved liquidity and credit solutions in the crypto market.
- LTP clients will have simplified access to Bitstamp’s liquidity pools, including lending and credit lines.
- Both firms are seeking to improve the digital asset trading ecosystem with new solutions and increased market efficiency.
LTP has teamed up with Bitstamp to provide institutional crypto investors with enhanced trading solutions. The goal of the collaboration is to boost liquidity and trading solutions. This is a big step toward strengthening the global crypto market.
We’re partnering with @LTP_primebroker, a leading digital asset prime broker. 🤝 This collab brings Bitstamp’s liquid markets to more institutions while enhancing their execution and capital efficiency. Together, we’re elevating the digital asset trading ecosystem!
— Bitstamp (@Bitstamp) November 28, 2024
LTP and Bitstamp Collaborate for Enhanced Liquidity and Credit Solutions
The alliance will grant LTP clients access to Bitstamp’s wide liquidity pool, including the most advanced lending and credit line tools to maximize the efficiency of capital, according to the press release. These resources allow institutional investors to efficiently, and flexibly, manage their assets.
LTP founder and CEO Jack Yang commented on the partnership. “We partner with Bitstamp to offer discreet solutions that result in our clients’ strategy being optimized.” Clients can enhance their profitability and unlock new opportunities by accessing Bitstamp’s liquidity pools and using post-trade settlement function.
Boosting the Digital Asset Trading Ecosystem
Founded in 2011, Bitstamp is one of the oldest and most trusted cryptocurrency exchanges in the world, with over 50 global licenses. The company can use this partnership to extend the reach of its services. “We will provide clients with diversified trading flow, innovative products and healthy credit solutions by working with LTP,” Bitstamp USA CEO Bobby Zagotta said.
The objective of the collaboration is to enable a faster and more inclusive trading ecosystem. Bitstamp and LTP’s strategic partnership aims to combine Bitstamp’s institutional knowledge with LTP’s technology infrastructure to meet expanding demands from institutional traders. It includes creating a secure and efficient trading of digital assets in the thriving market.
Future Innovation and Exploration of New Opportunities
Both LTP and Bitstamp have admitted that they are investigating further synergies. They want to address these challenges in an increasingly competitive market and develop solutions. Such a move will pave the way for further innovation in the sector.
Both companies aim to make the digital asset market safer and more efficient. They aim to improve the liquidity in the market and enhance the client’s trading tools in the more matured institutional crypto trading environment. Bitstamp received a Multilateral Trading Facility license from Slovenia’s Securities Market Agency in October. With this license, Bitstamp can offer crypto derivatives, such as perpetual swaps, and expand to trade stocks, commodities, bonds, and structured products.
In addition, Bitstamp was acquired by U.S.-based fintech Robinhood in a deal worth $200 million, which will close in early 2025. Robinhood’s aim with the acquisition was to expand its crypto offerings and accelerate its global presence, specifically in Asia, the United Kingdom, and the European Union.
We’re accelerating Robinhood Crypto’s worldwide expansion. Robinhood has officially entered into an agreement to acquire @Bitstamp, a global cryptocurrency exchange with customers across the EU, UK, US and Asia.
More details: https://t.co/wk3x02z0rU pic.twitter.com/aadKzhCxlx
— Robinhood (@RobinhoodApp) June 6, 2024
In September, LTP collaborated with Ceffu to build a Secure Quantitative Fund Desk. This setup directly connects to Binance, enabling seamless liquidity access. By storing their assets in Ceffu’s off-exchange custody while LTP reduces counterparty risks. Institutional grade compliance is supported by collaborating while providing tailored digital asset investment solutions.
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