Crypto fund Modus.Trade taps Gold-i to manage its technology infrastructure

abdelaziz Fathi

Modus.Trade, which operates an investor network, online learning platform, and suite of algorithmic trading strategies, has selected FinTech company Gold-i to manage its entire technology infrastructure.

gold i

This alliance supports Modus.Trade’s MT5 trading platform while providing access to crypto market makers and clearing using the Gold-i Crypto Switch™ 2.0 – part of Gold-i’s Matrix product suite. The product operates as an advanced platform that allows brokers, crypto exchanges, liquidity providers and market makers to maximize a range of opportunities.

Integrated with multiple crypto venues, Crypto Switch™ 2.0 enables tight spreads, deep liquidity and low latency. The product is also integrated with central settlement and clearing partners, providing fiat and digital asset settlement, regulatory compliance and institutional custody.

Nathan Sage, Founder & CEO, Modus.Trade explains, “The support we received from Gold-i from the outset has been exceptional and they were able to get us up and running very quickly. The team’s understanding of the crypto market and their network of market makers that we’ve been able to leverage has been above and beyond what we were expecting from a technology partner. With Gold-i’s technology and support, we are now able to scale our business.”

Commenting on the news, Gold-i CEO, Tom Higgins said: “Until now, this product has been used by FX brokers wishing to offer cryptocurrencies as an additional asset class. Our partnership with Modus.Trade, which focuses exclusively on crypto trading within the fund management sector, takes our offering to a whole new market segment. We see a huge opportunity in this sector, with Gold-i becoming the technology provider of choice for organisations launching crypto funds, connecting them to market makers and clearing houses, and managing their entire technology infrastructure.”

Gold-i, a trading systems integration specialist for the financial services ‎industry, has recently undergone more updates and integrations that are designed to make its CryptoSwitch 2.0™ solution more dynamic for cryptocurrency providers.

In this sense, Tom Higgins revealed that they created a dedicated website, https://crypto-switch.io/ for funds, investment banks and prime brokers to find out more about their digital asset technology for institutional investors.

Earlier in  2021, the company announced a partnership agreement to integrate CryptoCortex product suite, which provides a dedicated platform to ‎facilitate cryptocurrency trading for institutional ‎investors.

Read this next

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

<