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MAS Digital has formed a strategic partnership with TP ICAP's Fusion Digital Assets, bringing together two firms focused on institutional digital asset trading.
The collaboration will allow MAS Digital's clients to execute trades through its trading interface while accessing liquidity from the FCA-registered Fusion Digital Assets wholesale marketplace.
Fusion Digital Assets operates under TP ICAP's regulatory standards of governance and security, serving institutional participants in the digital asset space. The partnership reflects MAS Digital's focus on driving institutional adoption of digital assets through trading and execution solutions.
Rob Brown, Head of Strategic Development at MAS Group, commented: "We are excited to partner with Fusion Digital Assets and provide our clients with access to a well-established exchange. This represents another significant milestone in the evolution of institutional digital asset trading, combining MAS Digital's robust technology with TP ICAP's trusted infrastructure to provide greater market access, transparency, and efficiency."
Chay Pollard, Director Digital Assets E-Broking at TP ICAP, commented: "We are excited to partner with MAS Digital, leveraging their strong expertise in the FX market as they expand into Digital Assets. Their advanced client connectivity solutions will further enhance TP ICAP's network, providing clients new ways of executing with Fusion Digital Assets."
MAS Digital describes itself as a premier institutional digital asset trading firm, offering execution and trading solutions for institutional investors, with a focus on security, compliance and efficiency.
Fusion Digital Assets leverages TP ICAP's expertise in operating trading venues and brings together liquidity from TP ICAP's global client base. The venue currently supports trading in Bitcoin and Ether against USD, with plans to expand supported assets based on client demand.
The platform uses TP ICAP's Fusion electronic platform to provide clients with a non-custodial cryptoasset exchange for order matching and trade execution. It partners with custodians for independent safekeeping of clients' assets and settlement services, and aggregates liquidity from market makers and TP ICAP's client base.
Fusion Digital Assets is operated by TP ICAP E&C Limited and is registered with the Financial Conduct Authority as a cryptoasset exchange provider.
