Tilde, TradAir Partner to Improve Crypto Market Liquidity & Institutional Trading in Asia
Tilde & TradAir Partner to Improve Crypto Markets Liquidity & Trading in Asia
The cryptocurrency markets in Asia have so far recorded the highest growth rates. Recently, a crypto start-up that named Tilde partnered with TradAir, to improve the cryptocurrency market liquidity in Asian markets. These two specialize in liquidity provision & advanced trading within the crypto coin markets respectively.
This milestone will enable both entities improve their customer experience as blockchain takes over existing systems. Tilde customers now have the ability to leverage the TradAir HTML5 to exchange a couple of digital assets.
So far, this is biggest partnership Tilde has secured with the tech savvy Singapore jurisdiction. The collaboration will see its users capitalize on the tools offered by TradAir to beat the market’s price action. TradAir’s platform allows the traders to do a deeper analysis of their positions while managing risk as well. It is therefore an expectation by both companies to capture a big part of the growing cryptocurrency market.
Tilde’s parent company, Grasshopper, started the project to fill the OTC niche in crypto trading as well as market making given the existing arbitrage in digital assets right now. It was launched in Q2 of 2018 basing its crypto services within Asia.
John Lin, Grasshopper & Tilde CEO commented on this partnership saying that;
“As the cryptocurrency market matures and institutional investors become more involved, we want to facilitate the trading process by maximizing efficiency while minimizing risks in their interactions with OTC desks.”
Mr. Lin further added that TradAir offered the most compatible platform for its intention in crypto markets. This is mostly in regard to crypto trading where the company is excited to leverage TradAir’s network to improve their traders’ experience.
TradAir’s operations scale to a couple of modern areas in tech besides market analysis. Interested users can rate the portfolios they eye using a rating engine distributed tech by TradAir. It’s however popular for having an advanced trading ecosystem. The company’s CEO, Ayal Jedeikin, supported the prospects of this partnership;
“We are thrilled to have Tilde as our first cryptocurrency client in Asia. Combining Tilde’s unique cryptocurrency liquidity network with TradAir‘s trading platform is a winning proposition for institutional traders that need the breadth of cryptocurrency offerings with the tools and performance of an institutional grade GUI.”