just now
Virtex Technologies, an operating system designed for digital asset brokerages, has announced its selection of Gold-i, a global leader in FX and crypto trading technology, as its inaugural integration partner.
Virtex's plug-and-play platform delivers the essential components required to operate a contemporary digital asset brokerage business. This comprehensive offering includes a complete front-end, client management, risk, and reporting stack, complemented by pluggable market connectivity, custody, and compliance modules.
The integration with Gold-i's ultra-low latency MatrixNET liquidity management platform now grants firms utilising Virtex direct access to over 35 crypto exchanges and more than 80 FX liquidity providers through a single connection. While Virtex's initial focus remains on digital assets, this partnership strategically positions clients to expand into FX and other asset classes as their businesses develop, without the necessity of re-platforming. Furthermore, the collaboration enables Gold-i's clients to easily access a fully-featured digital asset front-end platform, along with client management and reporting layers, circumventing the substantial effort and cost typically associated with in-house development.
Ben Radclyffe, Founder & CEO of Virtex Technologies
Ben Radclyffe, Founder & CEO of Virtex Technologies commented:
“Integrating with Gold-i was a natural fit for us. They have built one of the best liquidity connectivity platforms in the industry, and we have built the brokerage operating system that sits on top. Connecting the two gives our client base a production-grade stack out of the box. It's a real one-plus-one-equals-three, and a template for how we intend to work with the rest of the ecosystem."
Tom Higgins, CEO of Gold-i
Tom Higgins, CEO of Gold-i added:
“This partnership creates a natural bridge between FX and crypto, supporting FX firms adding digital assets, and crypto firms expanding into FX, within a single, customisable stack. Virtex is genuinely open by design, built on the premise that digital asset firms should be able to compose their technology stack in a way that best fits their business needs. Backed by a highly experienced team with deep expertise across digital assets and institutional trading, Virtex stands out for its flexibility and robust technology. We are delighted that they have selected Gold-i as their first integration, enabling their clients to seamlessly access a broad range of high-quality crypto liquidity through MatrixNET.”
Gold-i’s MatrixNET, a platform trusted by brokers, fund managers, prop trading firms, and crypto institutions globally, provides users with a variety of routing and aggregation methods. It also offers the capability to customise execution models to align with the distinct preferences of various client types. Among its numerous advantages, MatrixNET allows institutional clients to access deep liquidity pools, achieve improved pricing, attract more clients, and mitigate toxic flow in forex.
Virtex aims its platform at digital asset brokers and their clients seeking to consolidate their existing fragmented systems and processes into a unified, integrated, and modular platform. This approach ensures the platform can scale with their businesses as they mature. The ability for firms to compose their technology stack is crucial for modern brokerages navigating complex market demands.
This integration between Virtex and Gold-i highlights a significant trend in the institutional trading landscape, where the lines between traditional FX and the burgeoning digital asset markets are increasingly blurring.
LiquidityFinder's audience, comprising institutional FX desks, retail brokers, and crypto infrastructure providers, will find this development particularly relevant as it addresses the need for robust, flexible, and integrated solutions that can handle diverse asset classes and evolving regulatory requirements.
As the digital asset and FX markets converge, explore LiquidityFinder Insight for the latest analysis and industry developments.
