Crypto trading platform Caspian reports record volume in June

Caspian aims to combat the lack of transparency in the crypto market with release of trading volume figures.

Caspian Crypto Ninjas

Caspian, operating firm of a full-stack crypto trading, portfolio and risk management platform, today announced that it has reached a milestone with its June monthly volume trading figures.

The 18-month-old firm saw trading volumes surge to $1.068 USD billion in June 2019.

Caspian has taken the decision to start publicly releasing its trade volume information on a monthly basis in order to enhance transparency in the institutional crypto market.

“We have seen a significant number of reports in recent weeks detailing fake volume and trading figures. As a company that is focused upon building up the crypto market for institutional-grade investment we felt it was necessary to issue our true and unaltered volumes so the market can now measure real institutional participation.”
– Robert Dykes. Caspian CEO & Co-founder

Caspian’s last quarter has seen trade volumes increase from $578 million in April 2019 to $1.069 billion in June 2019, representing an upswing of 85% in two months.

Trading volumes are now 207% higher than what they were at the end of Q1 2019 in comparison to the end of Q2 2019.

Caspian launched in March 2018 with its full-stack crypto asset management platform tying together the biggest crypto exchanges in a single interface. The platform now provides access to 30 spot exchanges and 7 derivative exchanges, along with a complete suite of sophisticated trading algorithms, real-time and historical P&L and exposure tracking and professional customer service.

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