Apr 19, 2024 12:25
BlockFills,the provider of digital asset trading technology and liquidity solutions, hasannounced a strategic integration with Centroid Solutions' institutional-gradeconnectivity platform, Centroid Bridge.
Thiscollaboration aims to provide brokers and institutional clients with acentralized environment for price management, execution, comprehensive reporting, and BlockFills' round-the-clock digital asset liquidityaccess.
BlockFills Partners withCentroid Solutions to Enhance Digital Asset Trading
Theintegration of BlockFills' liquidity offering with Centroid Bridge addressesthe needs of brokerages by directly connecting these services to clients'trading platforms. Their partnership eliminates the requirement for multipleverticals to conduct operations, providing a cost-effective and efficientsolution for clients who prefer to connect through a bridge platform.
"Ourclients now have access to a panoramic ecosystem that supports their businessevolution swiftly and without restrictions or added processing fees, NickHammer, the CEO of BlockFills, commented. The integration dispenses universalconnectivity and execution, as well as 24/7 access to BlockFills'liquidity."
BlockFills is fully integrated with Centroid Bridge to provide 24/7 digital asset liquidityBlockFills announced a full integration with Centroid Solutions' Centroid Bridge, providing 24/7 digital asset liquidity.
DexBot (@dexbot)
April 18, 2024BlockFills'liquidity provision benefits a diverse clientele, including OTC desks,exchanges, payments firms, proprietary trading firms, and brokerages. Thecompany's multi-asset technology platform addresses liquidity fragmentationissues in the marketplace, providing solutions for institutions in the digitalspot, derivatives, and credit markets.
CentroidSolutions' CEO, Cristian Vlasceanu, noted that the collaboration enables theirclients to gain access to a wide range of digital assets with deep liquidity,unlocking new opportunities in the digital asset space.
CentroidSolutions takes a leap forward into the crypto market with the integration ofBlockFills as a new cryptocurrency liquidity provider, he added.
Over thepast few years, BlockFills has raised a considerable amount of capital frominstitutional investors, includinga funding round in 2021 in which CME Group participated. Then, in 2022, the company securedan additional $37 million in a Series A funding round, accumulating a totalof $44 million since its inception in 2018.
Centroid's RecentStrategic Partnerships
Thecollaboration with BlockFills is just one of the latest partnerships announcedby Centroid Solutions.
Two monthsago, Finalto Asia bolstered its presence in the Asia-Pacific region bypartnering with Centroid Solutions. By leveraging Centroid's BridgeConnectivity Engine and Finalto's liquidity services, this alliance aims todeliver innovative and client-centric solutions that elevate the tradingexperience for Finalto Asia's clients.
Centroid Solutions further expanded its offerings to multi-asset brokers through a partnership with TransactCloud towards the end of last year. Thiscollaboration provides round-the-clock operational support and systeminteroperability services, significantly enhancing Centroid Solutions'capabilities.
In October,Centroid Solutions announced a partnership with Skale, a CRM provider, thatis pre-integrated with leading trading platforms, payment service providers,KYC tools, and business intelligence tools in the FX market.
This article was written by Damian Chmiel at www.financemagnates.com.
World Crypto Global
