Deltix integrates TP ICAP’s highly liquid non-custodial crypto exchange 

Rick Steves

“Completing the CryptoCortex integration will allow clients to easily access our non-custodial exchange and the diversified liquidity we have sourced from the crypto-native landscape and TP ICAP’s TradFi client base.”

Deltix, a subsidiary of EPAM Systems, Inc., has announced the integration of its CryptoCortex trading platform with TP ICAP’s Fusion Digital Assets exchange.

CryptoCortex, known for its advanced capabilities in digital asset and cryptocurrency trading, serves both primary and secondary markets. It supports the entire trading lifecycle, catering to a diverse range of clients including exchanges, brokers, OTC trading desks, and market makers.

TP ICAP’s Fusion currently supports Bitcoin and Ether against USD

Ilya Gorelik, Head of EPAM’s RAIL Lab, highlighted the integration’s benefit for institutional investors, increasing the number of liquidity venues available for digital asset trading. “With the addition of Fusion to the Deltix CryptoCortex ecosystem, we have further increased the number of liquidity venues that our institutional investors can trade digital assets.”

Tom Flanagan, Global Head of Execution and Liquidity Management at TP ICAP, emphasized the ease of access this integration provides clients to their non-custodial exchange and its diverse liquidity sources. “Completing the CryptoCortex integration will allow clients to easily access our non-custodial exchange and the diversified liquidity we have sourced from the crypto-native landscape and TP ICAP’s TradFi client base,” said Tom Flanagan, Global Head of Execution and Liquidity Management.

Fusion Digital Assets, a venture of TP ICAP, leverages the firm’s expertise in operating trading venues and execution organization. It also incorporates Fidelity Digital Assets’ custodial capabilities and offers diversified liquidity from TP ICAP’s global client base. Currently, the venue supports Bitcoin and Ether trading against USD, with plans to expand its asset offerings and develop a multi-custody model.

The core elements of the venue include:

  • TP ICAP’s Fusion: A non-custodial crypto asset exchange for order matching and trade execution.
  • Fidelity Digital AssetsSM: Provides independent safekeeping and settlement services for client inventories.
  • An aggregation of liquidity from leading market makers and TP ICAP’s global client base.
  • Operation by TP ICAP E&C Limited, registered with the FCA as a crypto asset exchange provider.

A part of EPAM Systems, Inc., Deltix offers the CryptoCortex platform, catering to a broad spectrum of clients in the digital assets and cryptocurrency markets. TP ICAP is a global markets infrastructure and data solutions provider, ranking among the top liquidity venues worldwide. It operates from over 60 offices in 28 countries, with a strong presence in the financial, energy, and commodities markets.

  • Read this next

    Digital Assets

    Bitcoin breaks all records with a massive $1.347 billion transaction

    This transaction has surpassed previous records, setting a new benchmark for Bitcoin trades. Before this event, the largest Bitcoin transactions included a $1.1 billion trade in April 2020 involving 161,500 BTC, and other significant transactions ranging from $491 million to $1.033 billion throughout 2019 and 2020.

    Digital Assets

    Uniswap debuts Ethereum ‘uni.eth’ subdomains

    Decentralized exchange platform Uniswap has integrated Ethereum Name Service (ENS), allowing users to create human-readable domain names and cryptocurrency wallet addresses using .eth endings.


    Magic Square Expands with TruePNL Acquisition

    Binance’s web3 app store, Magic Square, acquired token platform TruePNL in a cash deal this week for an undisclosed sum. The deal brings TruePNL’s infrastructure (excluding branding & token) under Magic Square’s wing. Initially seeking a partnership, Magic Square opted for a full acquisition.

    Crypto Insider

    The Future of Prediction Markets? Zeitgeist Launches Decentralized Court System

    Polkadot-powered prediction market protocol Zeitgeist has announced the launch of its latest innovation: a decentralized court system.

    Digital Assets

    Crypto exchange Kraken fires back at SEC lawsuit, claiming overreach

    Crypto exchange Kraken is pushing back against the U.S. Securities and Exchange Commission (SEC), seeking to toss out a lawsuit that accused the platform of operating without proper registration.

    Industry News

    Exness Named a Best Place to Work in 2024

     Global leader Exness, tops in retail trading volume, earns 2024 “Best Place to Work” award, cementing its employee-centric culture after three prior years of winning the Cyprus national title.

    Digital Assets

    Swan Bitcoin taps Bakkt for crypto offering in the US

    “We are thrilled to be taking this exciting step forward in our partnership with Swan. This is just the beginning of our collaboration, as we intend to explore further growth opportunities together in the future, including expansion into international markets.”

    Digital Assets

    Polkadot Awards Bifrost a 500,000 DOT Loan to Enhance Liquid Staking Adoption

    Bifrost, a leader in liquid staking solutions, has secured a 500,000 DOT loan from Polkadot’s treasury to expand the reach and utility of its vDOT product within the ecosystem.

    Digital Assets

    FTX cleared to sell $1 billion stake in AI outfit Anthropic

    A Delaware bankruptcy court just approved a plan allowing the now-defunct FTX and its creditors to offload the exchange’s $1 billion stake in AI outfit Anthropic.