Tora and Kenetic’s Caspian incorporates Seed CX to its Portfolio of Digital Asset Exchanges
Seed CX, a Chicago-based institutional crypto exchange, is partnering with Caspian, a cryptocurrency portfolio and risk management firm, in a bid to further grow its reach. The partnership will enable Seed CX to be incorporated into Caspian’s OEMs, PMS and RMS systems.
Basically, users of Caspian will be able to use Seed CX’s Seed Digital Commodities Market hassle-freely. They will access the digital asset exchange platform and use the system as their exchange of choice.
Caspian is mainly tailored to suit the needs of professional crypto traders by enabling price discovery and transfer of assets. It makes it easy to transfer different cryptocurrencies across different crypto trading platforms across the world. At the moment, it serves 35 exchanges and Over-The-Counter desks, providing connectivity and interoperability.
Caspian Will Serve The Needs Of All Traders
Caspian is a creation of two firms, Tora and Kenetic, and it is meant to serve as a comprehensive trading and risk management hub. Ideally, it majorly aims to be an institutional-grade platform for professional traders, allowing them to use the customizable market data provided. Being a suite oriented to pre-trade compliance with smart algorithms for trading and risk reporting, it serves the needs of both the buyers and the sellers.
In January this year, Seed CX unleashed spot trading, an exciting feature developed to help institutional traders. It later partnered with TradAir; a move meant to let their clients use the Zero Hash-owned OTC trade settlement services. Zero Hash is a subsidiary of Seed CX.
The co-founder and CEO of Seed CX, Edward Woodford lauded the partnership. He said that the integration would improve access and effectively make it smooth for institutional traders to use Caspian’s technology. Investors will conveniently gain access to the safe and efficient crypto trading platform where they will use its revolutionized margin models.
According to the CEO of Caspian, Robert Dykes, the partnership brings together two firms whose goals are similar. He said that they both aspire to introduce greater institutional involvement in the cryptocurrency market, doing so while giving their customers the right tools for the job. He further added that their cutting-edge PMS and OEMS tools alongside the frictionless incorporation into Seed CX would grow their ecosystem.