BEQUANT launches institutional DeFi platform

Rick Steves

The firm’s offering includes transfer management, cross-margining, and leverage as well as access to a dozen crypto exchanges.

Digital asset prime brokerage and exchange BEQUANT has announced the launch of a DeFi platform for institutional clients, in partnership with crypto custodian Fireblocks.

Uniswap is the first DeFi protocol accessible through BEQUANT’s DeFi offering, but other decentralized exchanges (DEXs) will be integrated in the near future.

Uniswap is an automated liquidity protocol powered by a constant product formula and implemented in a system of non-upgradeable smart contracts on the Ethereum blockchain. BEQUANT clients will have access to order books through Uniswap with more being added in the near future.

Prime broker bridges gap between CeFi and DeFi

BEQUANT’s bespoke platform will enable clients to cross-margin between centralized and decentralized exchanges, making arbitrage trading more efficient, without the need for any additional software and multi-signature security protocols.

The firm already provides direct market access to multiple trading venues, simplified KYC, and compliance verification to more than 150 institutional clients.

George Zarya, Founder and CEO at BEQUANT, commented: “DeFi 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. Our portfolio margining services combine all centralized and decentralized 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.”

The firm’s offering includes transfer management, cross-margining, and leverage as well as access to a dozen crypto exchanges, including KuCoin, Binance, FTX, BitFinex, OKX, and its very own BEQUANT Exchange.

The prime brokerage platform for institutional clients also provides its users with reduced trading costs, up to 9x leverage, dedicated 24/7 customer support, and an individual client manager, as well as OTC block trade execution and fiat-to-crypto trading.

Its breadth of products includes prime brokerage, custody and fund administration, as the Malta-regulated prime brokerage boasts a team of experts from institutional, retail, and digital financial services with experience in banking, derivatives, electronic trading, and prime brokerage.

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