Bitfinex takes crypto to hedge funds and trading desks through Hidden Road partnership

3 months ago 23
ARTICLE AD

Bitfinex's advanced trading tools now accessible to Hidden Road's global institutional clients.

<?xml encoding="UTF-8"?>

Crypto exchange Bitfinex has partnered with the global credit network Hidden Road to broaden institutional access to digital assets. Institutional investors connected with Hidden Road will now be able to access Bitfinex’s digital asset offerings.

“I am thrilled to welcome Hidden Road and their customer base to the most resilient digital assets exchange platform on the market,” said Bill Brindise, Head of Business Development at Bitfinex. “We at Bitfinex are proud to offer customers cutting-edge trading features, deep liquidity, and a wide range of trading pairs, all supported by a robust infrastructure fortified with stringent security measures. I am certain that Hidden Road’s customers will enjoy exploring the different products we provide to help institutional and professional investors gain exposure to digital assets.”

Hidden Road provides brokerage services to institutional clients, including hedge funds and proprietary trading desks, and the partnership with Bitfinex is set to enhance its digital asset trading capabilities. Moreover, Bitfinex also offers derivatives, presenting an array of crypto exposure to institutional investors.

“Hidden Road is committed to providing our clients with modern technology and streamlined workflows for a seamless experience across products and asset classes on our platform, including digital assets” added Michael Higgins, Global Head of Business Development at Hidden Road. “Integrating with Bitfinex underscores our efforts to enhance access and choice, and we are happy to offer our counterparties access to this preeminent venue.”

Crypto’s popularity is growing among institutional investors. A recent study by BNY Mellon Wealth Management Study revealed that 39% of the family offices surveyed are either actively investing or considering investments in this asset class.

Additionally, 76% of hedge funds had at least 1% invested in crypto last year, according to data from Statista.

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Read Entire Article