1Konto integrates bitcoin exchange Seed CX into API order routing service

1Konto, an API service for best price execution through its routing-as-a-service product Teloneum, has announced a new partnership with Seed CX, a bitcoin and digital asset exchange built for institutional investors.

Teloneum scans all possible order paths across all venues for its users. Through accessing the market’s total available liquidity, proprietary algorithms achieve price improvement and minimal slippage. Teloneum quickly integrates via API to existing liquidity stacks, with no monthly minimum fees or contract terms.

“Seed CX’s on-chain settlement, institutional custody services, and multiple trading pairs complement Teloneum’s routing algorithms in providing deep liquidity. We are glad to provide access to Seed CX and further assist our clients in obtaining higher quality executions with greater transparency.”
– Edwin Handschuh, Co-Founder & CEO of 1Konto

Through its subsidiaries, Seed CX offers a licensed exchange for institutional trading and settlement of spot digital asset products. Seed CX also offers a regulated post-trade settlement infrastructure as well as on/off ramp access for 20 world fiat currencies.

 “We built Seed CX with the intention of providing best execution for institutional clients. The Teloneum platform is a natural fit for our markets, which offers some of the best execution costs through low slippage and competitive fees.”
– Adam Leaman, Head of Client Services at Seed CX and Zero Hash

This past summer, the New York Department of Financial Services awarded BitLicenses to two of Seed CX’s subsidiaries, one for execution and another for settlement services.

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