Blockfills, a digital asset trading company, is the latest to join Gold-i’s Matrix NETwork, to offer its cryptocurrency liquidity to Gold-i’s clients, Finance Magnates has learned exclusively.
The crypto liquidity will be available via the Gold-i Crypto Switch™ 2.0, which is part of the Matrix suite of products. The Crypto Switch™ 2.0 platform allows institutions to distribute their liquidity to clients of Gold-i.
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Blockfills is an electronic off-exchange digital liquidity provider. It uses an electronic communication network model (ECN) and sources its liquidity from large non-bank trading institutions. It streams crypto to crypto and crypto to fiat.
Commenting on the partnership, Nick Hammer, Co-Founder and CEO at Blockfills said: “Gold-i is a highly respected company in the FX retail broker sector and is making a strong push into the digital asset trading world.”
“It has an impressive global client base of retail FX brokers – a sector which we do not normally reach through our existing distribution channels. We believe that our partnership with Gold-i will help us to broaden our client base and get to market much faster in new territories.”
The Crypto Switch™ 2.0 solution can be connected to any trading platform, via either a FIX API or any other standard protocols, according to the statement released today.
“This is a mutually beneficial partnership as we continue to add Crypto Exchanges to our Crypto Switch™ and leverage our heritage and experience from the FX world to grow our digital assets offering,” added Tom Higgins, CEO at Gold-i.
“Blockfills is a very credible, high quality partner and our clients will benefit from their competitively priced liquidity. We are delighted to welcome them into our Matrix NETwork.”
Gold-i’s expanding network
Gold-i continually adds new institutions to its network. As Finance Magnates reported, prime of prime broker Global Prime partnered with Gold-i, in order for the Aussie prime of prime to distribute its liquidity through Matrix Net – the company’s liquidity management platform.