just now
September 27, 2022 - Matrixport, a digital assets financial services ecosystem, announced that its prime brokerage business, Matrixport Institutional, has formed a flagship partnership with Elwood Technologies, a fintech provider of institutional digital assets trading infrastructure.
Matrixport is a provider of custodian and prime services for crypto hedge funds and this partnership aims to offer clients early access to new financial services in the fast evolving digital asset space.
Under the agreement, Matrixport Institutional will utilise Elwood's market leading trading and execution software and roll out Elwood's crypto-native OEMS and PMS services to its global client base.
James Stickland, CEO of Elwood Technologies, said, "In addition to today's exciting news, Matrixport will support Elwood with the development and adoption of an enhanced range of digital asset tokens to be used on the Elwood platform. Matrixport is one of the leading systemic players in the crypto ecosystem, founded by two seminal industry figures. We are extremely excited by this partnership and the value it will bring to both our firms."
Anthony DeMartino, CEO of Matrixport US, said, "We are absolutely delighted with the formalisation of this partnership and the immense value that Elwood's software will bring to our own execution and that of our clients. Elwood's contribution to the institutionalisation of digital asset trading is unique and reflects the exemplary DNA of its founders, management and shareholders. We will continue to focus on pushing the boundaries of what is possible in crypto prime services and further cementing our position as the industry's gold standard."
