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Wintermute, a prominent liquidity provider and algorithmic trading firm in the digital assets sector, has announced an integration with CoinRoutes, a provider of institutional digital asset trading technology.
The integration aims to offer CoinRoutes customers access to a wider range of liquidity providers through the platform and potentially deeper crypto liquidity for numerous digital assets supplied by Wintermute.
Wintermute, registered under the UK Financial Conduct Authority's AML-CFT regime for crypto companies, is connected to numerous venues across the industry. The company utilizes its proprietary connectivity infrastructure to source liquidity for various assets and provide efficient markets.
CoinRoutes' trading platform, which has recently received a patent, features a distributed smart order routing system designed to allow traders to navigate multiple liquidity pools.
Marina Gurevich, COO of Wintermute, stated: "The integration with CoinRoutes highlights our commitment to providing our counterparties with innovative liquidity solutions tailored to their specific needs. Our deep liquidity, combined with CoinRoutes smart order routing will help market participants achieve a higher quality of trading and more efficient execution."
Ian Weisberger, CTO and co-founder of CoinRoutes, commented: "We are pleased to integrate with the industry's leading liquidity providers, to improve our clients' seamless access across all market participants. Wintermute has demonstrated deep expertise in the digital asset ecosystem and that it can provide the liquidity that will help our clients achieve best execution. CoinRoutes is committed to helping market participants navigate the complexities of the cryptocurrency market by integrating with liquidity providers, as well as centralized and decentralized exchanges."
The integration is expected to enhance trading options for users of both platforms in the cryptocurrency market.
