Caspian is an innovative crypto asset management platform in the industry, and they constantly look to expand their reach to the rest of the world. They are presently in the process of creating an interface that will soon be known as the biggest crypto exchange, which will include the support and integration of BitMEX. With access to the BitMEX markets, the predominantly institutional investors have the chance to transition into crypto trading.
At the moment, BitMEX is responsible for over $3 billion in digital trading in the last month alone. They also provide altcoin futures for ether, Litecoin, bitcoin cash, and ripple, while providing 100x leveraged trading for multiple bitcoin opportunities. They presently control about 300% more liquidity in BTC and USD than any other platform that is currently running.
When Arthur Hayes, the co-founder and CEO of BitMEX, was approached for a comment, he said:
“As our trading engine was build using the same technology used by investment banks and hedge funds, BitMEX employs the latest in multi-factor security, inside and out, making us the idea partner for Caspian, in their quest to facilitate institutional investment in crypto.”
By bringing in Caspian to the BitMEX platform, the sophisticated traders and asset managers can have their needs met with the speed and efficiency of each block on the chain. With this system, investors have complete transparency to see how each investment performs, while watching the compliance limits and minimizing risk. With these algorithms of both parties, they have a reduced risk of error overall.
The CEO of Caspian, Robert Dykes, also issued a statement that shows traders the goals of their partnership and how they can reach a new audience.
“Our aim at Caspian is to drive exponential growth in crypto-trading participation amongst institutional and sophisticated investors. The partnership with BitMEX will help us to reach out to sophisticated traders in the knowledge that BitMEX employs the latest in multi-factor security – a[n] issue of increasing interest to our target market.”