MAS Digital has partnered with TP ICAP’s Fusion Digital Assets, a UK FCA-registered wholesale marketplace for digital assets.
The institutional-grade digital asset trading solutions provider will have its clients execute trades seamlessly through its advanced trading GUI and institutional-grade infrastructure while benefiting from the deep liquidity and efficient marketplace provided by Fusion Digital Assets.
Fusion Digital Assets is a trusted venue for institutional participants as it upholds standards of governance, security and operational efficiency that align with the highest standards operated by TP ICAP across asset classes.
“Access to a well-established exchange”
Rob Brown, Head of Strategic Development at MAS Group, commented: “We are excited to partner with Fusion Digital Assets and provide our clients with access to a well-established exchange. This represents another significant milestone in the evolution of institutional digital asset trading, combining MAS Digital’s robust technology with TP ICAP’s trusted infrastructure to provide greater market access, transparency, and efficiency.”
Chay Pollard, Director Digital Assets E-Broking at TP ICAP, commented: “We are excited to partner with MAS Digital, leveraging their strong expertise in the FX market as they expand into Digital Assets. Their advanced client connectivity solutions will further enhance TP ICAP’s network, providing clients new ways of executing with Fusion Digital Assets.”
Non-Custodial Crypto Exchange Featuring a Segregated Model and Anonymous Liquidity
The venue currently supports trading in Bitcoin and Ether against USD. Going forward, it will expand the assets it supports in line with client demand. The venue’s core elements include TP ICAP’s proprietary electronic platform which provides clients with a non-custodial cryptoasset exchange for order matching and trade execution.
Fusion Digital Assets also partners with leading custodians for independent safe keeping of clients’ inventories and settlement services through a segregated model.
The exchange, operated by TP ICAP E&C Limited and registered with the FCA as a cryptoasset exchange provider, boasts an anonymous aggregation of streaming liquidity from world-leading market makers and uncorrelated liquidity from TP ICAP’s global client base.
Recent Additions to Fusion Digital Assets
TP ICAP recently welcomed Coinhako to Fusion Digital Assets. Coinhako is a leading Singapore-based firm and a leading digital asset platform in Singapore which will be joining TP ICAP’s Fusion Digital Assets as trading counterpart to provide and consume liquidity on the exchange.
In late 2024, TP ICAP welcomed institutional crypto trading firm Nonco to its Fusion Digital Assets exchange for the provision of liquidity for the Bitcoin and Ethereum order books. Nonco is an institutional crypto trading firm with 10 years of experience in trading digital assets, employing a risk-mitigating, noncustodial approach that leverages clearing, bilateral, and smart contract settlement capabilities. The firm covers stablecoins, legacy, and altcoin execution, and specializes in high-frequency, systematic trading strategies.
FalconX, recognized as the largest institutional digital asset prime broker and a CFTC-registered swap dealer, was also onboarded to Fusion Digital Assets. TP ICAP’s Fusion has been successfully onboarding leading names within the crypto industry to its exchange. Deltix’s CryptoCortex also became a member.
