FalconX Connects to TP Icap for Digital Assets
Posted by Colin Lambert. Last updated: February 2, 2024
Digital asset prime broker FalconX has announced an integration with TP Icap’s spot crypto exchange Fusion Digital, providing clients with liquidity and pricing from the latter’s liquidity providers.
FalconX says as the cryptoasset class continues to evolve, it is increasingly important for institutional digital asset prime brokers and their clients to interact with liquidity at venues and exchanges operated by major financial market infrastructure providers. This integration serves as a crucial bridge between the native cryptoasset ecosystem and traditional financial markets, enabling seamless transactions and fostering growth in the digital asset industry, it adds.
“Collaborating with Fusion Digital Assets is another significant step in our ongoing efforts to bridge traditional financial markets and the growing cryptoasset ecosystem,” says Austin Reid, global head of revenue and business at FalconX. “This will enhance liquidity for our clients and foster an environment that propels growth and innovation in the digital asset industry. It underscores our commitment to providing secure, efficient, and seamless access to the global digital asset market for our clients.”
Tom Flanagan, global head of execution and liquidity management at TP Icap Digital Assets, adds, “Bringing a player of FalconX’s pedigree onto Fusion Digital Assets is another step forward in the growth of our exchange. Our aim is to offer clients a unique liquidity experience in a secure environment. FalconX’s integration and support of Fusion Digital Assets advances our aim. We look forward to extending our diversified liquidity to FalconX and their franchise.”