Amsterdam-based Flow Traders Ltd., listed on Euronext under the ticker FLOW, has officially rolled out a groundbreaking digital assets over-the-counter (OTC) service. The new platform delivers two-way pricing and execution around the clock for tokenized money-market funds, equities, and commodities.
Among the initial assets covered are Franklin Templeton’s BENJI tokenized money-market fund and Tether Gold (XAU₮), the on-chain representation of physical gold.
The timing of this launch aligns with accelerating institutional interest in tokenized real-world assets.
Market participants increasingly require reliable ways to trade and hedge positions when volatility spills into overnight sessions and weekends—periods when conventional exchanges remain closed.
Secondary trading in tokenized equities and commodities has steadily expanded across instruments and time zones, creating fresh demand for uninterrupted liquidity solutions.
Thomas Spitz, CEO of Flow Traders, described tokenization as the logical next chapter in market evolution.
“Over the past two decades, evolving market structures, from ETFs to electronic trading, have transformed how investors access exposure,” he noted.
“Tokenization has the potential to be one of the next major steps in that evolution.”
Spitz highlighted early traction in tokenized and synthetic equity markets, where activity in select large-cap U.S. names has occasionally reached 2–3 percent of the notional volume seen on primary U.S. listings.
Much of this volume now occurs outside standard trading hours, underscoring the need for dedicated infrastructure to manage equity risk continuously across global sessions.
Flow Traders’ digital asset OTC desk addresses these gaps by offering permissioned counterparties full 24/7 access to two-way quotes supported by specialized risk controls calibrated for non-standard market conditions.
Clients can seamlessly hedge tokenized exposures against fiat currencies or stablecoins while using familiar OTC workflows and transparent settlement processes.
The service is accessible through direct FIX connectivity, order-management and execution-management systems, electronic communication networks, or traditional high-touch dealer execution.
The initiative is powered by Flow Traders’ established Digital Asset OTC platform and developed in partnership with leading tokenized-asset issuers and infrastructure providers.
Product coverage is expected to grow dynamically based on client feedback, regulatory approvals, and supported trading venues.
Availability remains subject to jurisdictional rules and counterparty eligibility, with different group entities handling offerings as required by local regulations.
Paolo Ardoino, CEO of Tether, welcomed the development and its implications for tokenized commodities.
He pointed to rising demand for gold in both traditional and blockchain formats as investors seek resilient stores of value amid macroeconomic uncertainty.
“Liquidity providers such as Flow Traders play a critical role in ensuring that tokenized assets like XAU₮ can trade efficiently across venues and reach a broader set of market participants,” Ardoino said.
Enhanced liquidity for digital gold representations strengthens overall market structure and supports wider global adoption of tokenized commodities.
By bridging conventional finance with blockchain-native assets, Flow Traders’ 24/7 OTC offering reinforces its long-standing position at the intersection of traditional and digital markets.
The move is poised to accelerate institutional participation in tokenized securities, providing the continuous execution framework that modern risk management now demands. As secondary market activity continues to migrate beyond regular trading hours, services like this are set to become essential infrastructure for the next phase of capital markets development.