Saturday February 27, 2021
Bitcoin (BTC) $47,009.00   Ether (ETH) $1,468.78
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Featured

Trustology and GCEX building institutional liquidity network for OTC crypto trading

Published by CryptoNinjas.net
06/22/2020
Trustology and GCEX building institutional liquidity network for OTC crypto trading

Trustology, a crypto custody solutions provider, today announced a partnership with FCA-regulated, OTC broker, GCEX, to create a secure liquidity network backed by institutional-grade custody for digital asset trading amongst their client base of institutional investors, ultra-high-net-worth individuals, and brokers.

The strategic partnership with Trustology will not only improve liquidity on exchanges, enabling customers to complete transactions at speed, but with added security improvements and access to secure custody, helping GCEX facilitate a thriving ecosystem of OTC brokers, institutions, and custodians.

“We’re delighted GCEX selected Trustology as their custody provider,” said Alex Batlin, CEO and founder of Trustology. “We’re looking forward to helping GCEX support their institutional investors across the entire spectrum of the crypto industry, be that safekeeping assets, transacting on-chain, on-exchange, facilitating settlement, or when using DeFi protocols. Excitingly, this also opens up broker access to DeFi liquidity and loans, where Trustology can help them navigate DeFi lending and staking platforms to maximize their earnings potential and capitalize on profits in their brokerage accounts, often removed due to fear of counterparty risk.”

Lars Holst, founder, and CEO of GCEX is well known in traditional financial markets, following stints at Saxo Bank and Dresdner Kleinwort. Holst founded prime brokerage CFH Clearing in 2009, where he spent close to a decade as the firm’s CEO before selling to TradeTech in 2019.

Holst says: “This partnership couldn’t come at a better time as we move toward building a liquidity network for the broader cryptocurrency markets and institutional activity in De-Fi has started to increase. Trustology’s commitment and unique approach to safeguarding assets, and enabling fast custody across chains and protocols without compromising on security or access make it the perfect custody partner for our burgeoning ecosystem.”

Trustology’s enterprise-grade private key and transaction management security protocols are delivered through TrustVault, their fully-automated infrastructure comprising of best-in-class biometrics, built-in compliance controls, hardware security modules, and multiple levels of encryption.

Transactions can be executed at subsecond speed through a number of interfaces including mobile devices, desktops, and APIs. The GCEX integration will occur via API integration, enabling users to make the most of Trustology’s margin call alerts and other safeguarding transaction controls such as multisig and whitelists or ‘walled gardens’.

As a custodian with escrow capabilities, Trustology is working to integrate a settlement architecture as well, to act as a settlement agent facilitating settlements with GCEX and other institutional brokers, and on the other side dealing with the clearing element. Harnessing Trustvault’s API capabilities and walled garden controls, this process becomes even safer, enabling funds to be routed via a permitted set of addresses, guaranteeing secure settlement.

As demand for staking and governance directly in-wallet or on-exchange grows, GCEX’s clients will soon be able to stake ETH right from the Trustvault dashboard. As soon as ETH 2.0 launches Trustology will extend support to staking, enabling users to earn interest on passive funds. So instead of profits sitting on a brokerage, investors can benefit from interest accrued via staking.

11
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Trustology preparing Ethereum 2.0 staking for institutional clients
Vendor Technology

Trustology preparing Ethereum 2.0 staking for institutional clients

07/23/2020
Trustology rolls out on-exchange credentials wallet for crypto traders
Featured

Trustology rolls out on-exchange credentials wallet for crypto traders

03/04/2020
Trustology receives $8 million seed investment for blockchain asset safeguarding
Capital Raising

Trustology receives $8 million seed investment for blockchain asset safeguarding

12/06/2018
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Glow programming language brings smart contract simplicity to Cardano

Glow programming language brings smart contract simplicity to Cardano

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

02/27/2021
SmartKey to integrate with GeoDB to build the blockchain-based data ecosystem

SmartKey to integrate with GeoDB to develop blockchain-based data ecosystem

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
Bitcoin exchange Xcoins receives In-Principle Approval for Malta's VFA license

Bitcoin exchange Xcoins receives In-Principle Approval for Malta’s VFA license

02/26/2021
Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

02/26/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version