BEQUANT announces launch of institutional DeFi platform
29 June 2022 Malta
Image: AdobeStock/Sashkin
Digital asset prime broker BEQUANT has announced that it will launch a decentralised finance (DeFi) platform for institutional clients in collaboration with digital asset custodian and settlement firm Fireblocks.
BEQUANT, a Malta-registered digital prime broker, says that the new solution is the industry鈥檚 first DeFi platform for institutional users, enabling clients to cross-margin across decentralised and centralised trading platforms and to improve their ability to execute arbitrage opportunities.
Uniswap is the first DeFi protocol available through BEQUANT鈥檚 DeFi solution, but the company says that other decentralised exchanges will be integrated in the near future.
Uniswap is an automated liquidity protocol implemented via a system of non-upgradable smart contracts on Ethereum. BEQUANT users will be able to access traders鈥 order books using Uniswap, with other protocols supported as the service develops.
BEQUANT CEO and founder George Zarya says: 鈥淒eFi is presenting some of the most exciting trading opportunities in the space. Bridging the gap between CeFi and DeFi within our ecosystem will be game changing for the market.
鈥淥ur portfolio margining services combine all centralised and decentralised venues. We recognise that institutions are moving in this direction and are striving to be at the forefront of new advancements in the digital assets trading markets.鈥
BEQUANT offers a service ecosystem for institutional users, claiming to be a 鈥渢rue one-stop shop solution in the digital asset world. It offers direct market access to multiple trading venues for its 150 or so institutional clients, along with simplified Know Your Customer (KYC) and compliance verification checks.
BEQUANT, a Malta-registered digital prime broker, says that the new solution is the industry鈥檚 first DeFi platform for institutional users, enabling clients to cross-margin across decentralised and centralised trading platforms and to improve their ability to execute arbitrage opportunities.
Uniswap is the first DeFi protocol available through BEQUANT鈥檚 DeFi solution, but the company says that other decentralised exchanges will be integrated in the near future.
Uniswap is an automated liquidity protocol implemented via a system of non-upgradable smart contracts on Ethereum. BEQUANT users will be able to access traders鈥 order books using Uniswap, with other protocols supported as the service develops.
BEQUANT CEO and founder George Zarya says: 鈥淒eFi is presenting some of the most exciting trading opportunities in the space. Bridging the gap between CeFi and DeFi within our ecosystem will be game changing for the market.
鈥淥ur portfolio margining services combine all centralised and decentralised venues. We recognise that institutions are moving in this direction and are striving to be at the forefront of new advancements in the digital assets trading markets.鈥
BEQUANT offers a service ecosystem for institutional users, claiming to be a 鈥渢rue one-stop shop solution in the digital asset world. It offers direct market access to multiple trading venues for its 150 or so institutional clients, along with simplified Know Your Customer (KYC) and compliance verification checks.
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