TP ICAP joins Chainlink to bring high-quality forex data to blockchains | Invezz

TP ICAP and Chainlink Labs, the developer of Chainlink (LINK/USD), have teamed in an effort that will see the two platforms bring high quality forex data to blockchains. The Chainlink news development follows TP ICAP, a leading infrastructure provider for the electronic market, joining the Chainlink Network. TP ICAP to help fuel Web3 growth via ...

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<p>The post TP ICAP joins Chainlink to bring high-quality forex data to blockchains | Invezz first appeared on CCNC.</p>

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TP ICAP Gains UK Registration for Institutional Crypto Exchange

<p>TP ICAP’s wholesale exchange for crypto assets, Fusion Digital Assets, has registered with the <a href="https://www.financemagnates.com/terms/f/financial-conduct-authority-fca/" target="_blank" id="4c85a54d-15e0-4e44-a214-8c55f71cb286_1" class="terms__main-term">Financial Conduct Authority (FCA</a>), allowing the platform to operate in the United Kingdom.</p><p>Announced on Thursday, TP ICAP is yet to launch its crypto exchange services though it <a href="https://www.financemagnates.com/institutional-forex/tp-icap-to-launch-crypto-trading-services-for-institutions/" target="_blank" rel="follow">confirmed the upcoming services in mid-2021</a>. It will cater to institutional market participants only and will be operated by Tullett Prebon (Europe) Limited.</p><p>“Despite growing demand from our traditional client base, until now, the wholesale digital assets market has lacked the credible infrastructure and assurance necessary for them to allocate capital. Fusion Digital Assets addresses this need,” said TP ICAP Group’s Co-Head of Digital Assets, Duncan Trenholme.</p><p>“Its distinct attributes – namely a segregated model, TP ICAP’s track record of operating venues, and our means to distribute – are well recognized and trusted by institutional market participants.”</p><p>An Institutional Platform</p><p><a href="https://www.financemagnates.com/tag/tp-icap/" target="_blank" rel="follow">TP ICAP</a> is using its proprietary OTC electronic platform, Fusion, which will offer non-custodial services for order matching and trade <a href="https://www.financemagnates.com/terms/e/execution/" target="_blank" id="60010adb-9e25-4bff-9822-c9210deec853_1" class="terms__secondary-term">execution</a> with cryptocurrencies. In addition, it partnered with Fidelity Digital Assets for custodial services.</p><p>Known for being the largest inter-dealer broker, TP ICAP’s entry into the <a href="https://www.financemagnates.com/cryptocurrency/news/tp-icaps-crypto-platform-adds-jane-street-and-virtu-as-liquidity-providers/" target="_blank" rel="follow">digital asset space</a> would provide legitimacy in the crypto market when it is reeling with controversy. It gained the license when FTX, once a major cryptocurrency exchange, collapsed within days when the shady business practices of its Founder and former CEO, Sam Bankman-Fried, surfaced.</p><p>The extension of the FCA’s authority over the UK’s cryptocurrency market has <a href="https://www.financemagnates.com/cryptocurrency/news/cryptocom-secures-regulatory-approval-from-fca/" target="_blank" rel="follow">mandated all crypto businesses </a>operating in the country to register with the regulator. However, the registration process that started before the pandemic remains slow. FCA’s CEO, Nikhil Rathi, recently revealed that around 85 percent of crypto firms failed FCA’s registration process.</p><p>“Over time, we believe blockchain will lead to the tokenization of traditional asset classes. This will result in a more efficient, automated, and risk-mitigated trading and settlement process for financial markets. Fusion Digital Assets positions us well to grasp the opportunities that this change will bring,” Trenholme added.</p> This article was written by Arnab Shome at www.financemagnates.com.

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Hong Kong's MaiCapital Wins SFC Approval to Fully Manage Virtual Asset Portfolios

Hong Kong's MaiCapital Limited announced that it has secured approval from the Hong Kong Securities and Futures Commission (SFC) to fully manage virtual assets portfolios. (Read More)

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TP ICAP Adds Susquehanna as Market Market for Upcoming Crypto Platform

TP ICAP, the largest inter-broker dealer, announced on Thursday that it has added Susquehanna, a quantitive trading firm, as a market maker to the upcoming spot digital asset trading platform.

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TP ICAP Digital Assets completes first bitcoin (BTC) ETP trade

TP ICAP, a provider of market infrastructure, announced today a major milestone in its Digital Assets business with the first trades completed on crypto-asset equity instruments with Goldman Sachs. The company’s Digital Assets business traded the ETC Group Physical Bitcoin on an outright basis and against the CME Bitcoin Future in the form of an […]

The post TP ICAP Digital Assets completes first bitcoin (BTC) ETP trade appeared first on CryptoNinjas.

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TP ICAP Starts Crypto ETP Trading for European Clients

TP ICAP, which is the largest inter-broker dealer, has started offering crypto-linked exchange-traded products (ETPs) trading to its clients in Europe.

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TP ICAP’s Crypto Platform Adds Jane Street and Virtu as Liquidity Providers

TP ICAP, one of the leading markets infrastructure and data solutions providers, announced the addition of Jane Street and Virtu Financial to the list of liquidity providers of TP ICAP Digital Asse...

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FalconX Expands Liquidity Access through TP ICAPs Fusion Digital Assets Partnership

The institutional digital asset prime broker FalconX has partnered with Fusion Digital Assets, TP ICAP's wholesale spot crypto asset exchange based in the UK. This collaboration aims toprovide FalconX access to competitive pricing and liquidity from TP ICAP'swholesale clients, leveraging Fusion Digital Assets' framework.

According to a statement shared by the company, thisintegration is important in the evolving landscape of crypto assets,where interaction between institutional digital asset prime brokers and majorfinancial market infrastructure providers is crucial.

Connecting Crypto and Traditional Finance

By bridging the native crypto asset ecosystem withtraditional financial markets, the collaboration aims to facilitate seamlesstransactions and foster growth in the digital asset industry.

Austin Reid, the Global Head of Revenue and Businessat FalconX, mentioned: "Collaborating with Fusion Digital Assets is another significantstep in our ongoing efforts to bridge traditional financial markets and thegrowing crypto asset ecosystem."

"This will enhance liquidity for our clientsand foster an environment that propels growth and innovation in the digitalasset industry. It underscores our commitment to providing secure, efficient,and seamless access to the global digital asset market for our clients."

Our Fusion Digital Assets exchange is built to provide deep liquidity that can be relied upon during all market conditions. That's why were excited to announce our partnership with FalconX, the worlds largest institutional digital asset prime broker. https://t.co/Iwq6qNbkoG

Enhancing Crypto Liquidity and Innovation

This partnership aims to enhance liquidity andfacilitate the creation of a more connected and innovative digital assetindustry. According to the duo, the collaboration between FalconX and TP ICAP'sFusion Digital Assets will unlock new opportunities and enhance global digitalasset liquidity access.

Last year, TP ICAP launched its institutional crypto exchange, Fusion Digital Assets. After securing a UK license in December 2022,TP ICAP's platform is operational for spot trading targeting institutionalcrypto investment.

The platform's first Bitcoin/US dollar trading pairtransaction was facilitated in partnership with FidelityDigital Assets. This launch marked a pivotal moment for TP ICAP, which has offered crypto derivatives services since 2019, Finance Magnates reported.

Fusion Digital Assets aims to expand its assetofferings in response to client demand. With plans for a multi-custody model,the platform is set to accommodate diverse investment strategies andpreferences.

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