Caspian, the full-stack crypto trading, portfolio and risk management platform for institutional and sophisticated investors, announced on Thursday it has formed a partnership with BitMEX (Bitcoin Mercantile Exchange) a bitcoin peer-to-peer trading platform, in order to further support and facilitate institutional investment’s move into crypto trading.
According to Caspian, BitMEX offers 100 times leveraged trading of Bitcoin, Bitcoin futures, and swaps, along with altcoin futures for Ethereum, Litecoin, Bitcoin Cash, and Ripple, and 300% more Bitcoin/USD liquidity than any other platform. Over the last 30 days the average trading volume was $3 billion. BitMEX also offers financial products that give retail investors access to the global markets using financial products powered by Bitcoin. While sharing more details about the partnership, Co-Founder and CEO of BitMEX, Arthur Hayes stated:
“As our trading engine was built 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 ideal partner for Caspian, in their quest to facilitate institutional investment in crypto.”
Robert Dykes, CEO of Caspian, then added:
“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 issue of increasing interest to our target market.”
Founded earlier this year, Caspian describes itself as a solution that addresses the needs of sophisticated traders and asset managers by offering a full suite covering the life cycle of the trade. The system enables investors to track performance, stay within their compliance limits, and understand their risk and exposure.
