CryptoFi, a leading provider of crypto-as-a-service (CaaS) solutions, is proud to announce its strategic partnership with Spotex,
an institutional-grade foreign exchange and crypto currency ECN. This partnership is set to revolutionize the access of credit unions
to institutional crypto liquidity, trade execution, and price discovery.
Spotex is known for its best-in-class execution platform, connectivity to secure and qualified custodians,
and deep cryptocurrency liquidity. The company will now provide CryptoFi clients with direct market access (DMA)
and an interactive trading experience within the Spotex marketplace.
John Miesner, CEO of Spotex, said, "There are many parallels to be drawn between the foreign exchange
and cryptocurrency markets. It was a natural progression for Spotex to deploy its execution capabilities in the digital asset space.
CryptoFi's innovative platform and seamless user experience, in partnership with Spotex's proven and trusted order matching
capabilities, provide credit union clients access to world-class liquidity."
By collaborating with Spotex, CryptoFi is able to build tailored solutions for credit unions and cryptocurrency,
bridging the gap between the two. Spotex's ability to execute quickly, operational efficiencies,
and overall seamless integration experience showcase its excellent partnership choice.
Kian Sarreshteh, co-founder and CEO of CryptoFi said that
"the Spotex partnership allows us to deliver truly enhanced services and experiences to credit union members.
With Spotex's deep relationship and our platform's innovative features, client credit unions can now provide
their members with access to world-class liquidity
and a seamless trading experience never seen before."
Through this groundbreaking partnership, CryptoFi and Spotex aim to revolutionize the way regional banks
and credit unions engage with cryptocurrencies, ensuring access to institutional crypto liquidity, trade execution,
and price discovery.
About CryptoFi
CryptoFi is a leading provider of Crypto-as-a-Service (CaaS) solutions, offering a comprehensive suite of tools
and services to facilitate secure and efficient crypto trading for financial institutions.
With its innovative platform and seamless user experience, CryptoFi is revolutionizing the crypto trading industry.
About Spotex LLC
Spotex provides foreign exchange
technology and liquidity solutions to the global foreign
exchange markets. Spotex also operates the Spotex ECN, which is
supported by leading FX bank liquidity providers and FX prime
brokers.
Spotex provides a full range of
proprietary technology, liquidity, and credit options to enable
brokers to configure out-of-the-box or bespoke operating
environments that best support their business strategies and
market positions. Brokers benefit by quick-to-market, complete,
end-to-end interoperability and best-in-class uptime
performance.
Spotex technology and liquidity
solutions enable FX brokers and institutional market
participants to create their own, innovative trading paradigms.
These include disclosed DMA liquidity pools for Institutions and
discrete liquidity hubs for Brokers as well as direct access to
a low latency ECN.
Spotex is an institutional-grade foreign exchange and crypto currency ECN that provides market participants
with direct access to streaming, institutional-high-quality liquidity, trade execution, and price discovery.
Spotex's best-in-class technology offers a seamless and secure trading experience for institutional
and individual investors.
The company is based in the Newport
Financial Technology Center in Jersey City, New Jersey.