15 June 2022 - BlockFills, a digital asset trading company, today announced its partnership with TPAC Capital to offer institutions holding cryptocurrency a range of structured product solutions. TPAC is the cryptocurrency joint venture of Pack Creek Capital and Finance Michigan.

BlockFills will be one of the few global digital asset electronic trading firms to offer institutions with tailored cryptocurrency structured product options. In addition, institutions like banks, hedge funds and others in the financial services sector will have the opportunity to offer structured product solutions for their clients through this partnership.

Customised structured product solutions help institutions manage cryptocurrency exposure and develop solutions that assist with risk-return objectives, return enhancement, cost reduction, crypto pricing volatility and cash flow management.

"Institutions have sought increasingly customisable strategies to help maximise their cryptocurrency investments while hedging against or capitalising on market volatility,” said Nick Hammer, co-founder and CEO of BlockFills. “This structured product solution is our answer for these institutions. Combining TPAC’s 40-plus years of experience tailoring such solutions for volatile commodities with our best-in-class electronic trading technology solutions like Vision and Phoenix, institutions now have more customisation and control over their cryptocurrency investment strategies."

“This integration with BlockFills will help shape the future of institutional digital asset and crypto trading,” said Michael Ortiz, Founder of TPAC. “Now, with our customisable structured product solutions available, BlockFills clients can structure the right cryptocurrency investment solution that works for them, combining nonlinear and linear options on a case-by-case basis that will benefit their business and investment strategies.”

Based out of Chicago and founded in 2018, BlockFills is a crypto liquidity and technology provider which serves over 800 institutional clients across 50 countries.