just now
Collaboration to Deliver Seamless and Secure Access to Digital Asset Markets for Institutional Clients
DeFinity Markets, the institutional digital asset trading and fiat rails provider, and Utila, the enterprise-grade crypto operations platform, have announced a strategic partnership to enhance institutional clients' access to digital asset markets with secure fiat on/off ramping and FX solutions.
The collaboration comes shortly after DeFinity's integration with Fireblocks for secure API digital asset operations, furthering the company's aim to provide a comprehensive institutional digital asset platform.
By combining DeFinity's order matching and settlement capabilities across FX and digital assets with Utila's non-custodial, chain-agnostic wallet infrastructure, the partnership will enable institutional clients to manage their digital asset operations within a unified and compliant framework.
Manu Choudhary, CEO and Founder, DeFinity Markets
"We are thrilled to partner with Utila to further enhance our offering for institutional clients," said Manu Choudhary, CEO and Founder of DeFinity Markets. "Secure and efficient fiat on/off ramping and FX solutions are critical for institutions entering the digital asset space. Utila's robust platform complements our existing infrastructure and allows us to provide a truly comprehensive solution."
Bentzi Rabi, CEO and Founder, Utila
Bentzi Rabi, CEO and Founder of Utila, added, "Utila is excited to collaborate with DeFinity Markets, a leader in institutional digital asset trading. Our shared focus on security, compliance, and operational efficiency makes this partnership a natural fit. We believe that by combining our strengths, we can empower institutions to confidently navigate the complexities of the digital asset market."
Michael Siwek, CRO and Founder, DeFinity Markets
Michael Siwek, CRO and founder of DeFinity Markets, noted: "The seamless fully integrated solution will simplify the process for institutions to move capital between traditional finance and digital asset markets."
The partnership offers several key benefits, including enhanced FX capabilities through DeFinity's expertise combined with Utila's platform, strengthened security via Utila's non-custodial wallet infrastructure and DeFinity's Fireblocks integration, streamlined operations to reduce friction for institutional clients, and increased market access for institutional investors seeking portfolio diversification.
DeFinity Markets provides an Electronic Communication Network (ECN) with direct market access, built on institutional-grade technology. The platform is custody-agnostic, offers FIX API access, and operates under a standardised rulebook with an embedded AML/KYC framework. It supports all major digital assets, including stablecoins, and provides fiat currency support for GBP, EUR, and USD.
Utila specialises in providing institutions with secure, non-custodial, and chain-agnostic solutions for managing digital assets, with a focus on security and operational efficiency.
