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Zodia Markets, the institution-first digital asset broker backed by Standard Chartered Bank, has announced a strategic partnership with Finery Markets, a provider of non-custodial crypto ECN and SaaS trading solutions, to simplify institutional access to digital asset and fiat liquidity.
The collaboration will enable Finery Markets' clients to leverage Zodia Markets' extensive range of FX pairs with competitive pricing and same-day (T+0) settlement capabilities, addressing institutional demands for efficient and cost-effective transactions.
Through Request-for-Quote (RFQ) trading methodology, Zodia Markets will distribute pricing to clients via a single connectivity point, eliminating the need for additional technical integration and thereby reducing time-to-market and operational complexity for clients.
The partnership also utilises Finery Markets' existing integrations with prime brokers, including Hidden Road, allowing Zodia Markets to price and settle with clients across the Finery ecosystem without requiring complex technical integration or extended onboarding processes.
Mark Richardson, Chief Commercial Officer at Zodia Markets, comments, "By joining the Finery ecosystem, we're removing the operational and technical barriers that have historically slowed institutional adoption. We're making it significantly easier for a wider network of market participants to access our liquidity - securely, efficiently and at scale. This partnership isn't just about reach, it's about purposeful access to digital assets that meets the standards of traditional finance and represents a significant step forward in aligning digital asset trading with the expectations of institutional finance."
The announcement comes as Finery Markets' recent "Crypto OTC trading report" indicates that over one-third of institutional liquidity providers expect OTC markets to grow by more than 60% in 2025.
Konstantin Shulga, CEO and co-founder of Finery Markets, comments, "More advanced players are entering the crypto market, seeking to reduce risks in their trading operations while expecting top-tier infrastructure. Since the beginning, we've focused on making sure every corporate client can easily start using crypto with Finery Markets. Our partnership with Zodia Markets enhances this commitment by providing robust, RFQ-based liquidity solutions."
The service will be available across all of Finery Markets' product offerings, including FM Marketplace, FM Liquidity Match and FM Whitelabel.
