Standard Chartered, Fidelity, TP ICAP to Launch Cryptocurrency Trading Platform

Standard Chartered, Fidelity, TP ICAP to Launch Cryptocurrency Trading Platform

TP ICAP, a crypto interdealer, is set to launch a cryptocurrency trading platform for crypto assets in collaboration with Fidelity Digital Assets, Zodia Custody, and Flow Traders. This was announced on Tuesday and subject to registration with the UK Financial Conduct Authority (FCA).

The new platform will feature a wholesale electronic marketplace for spot crypto asset trading, including bitcoin and ethereum. It will also provide connectivity and post-trade infrastructure into a network of digital assets custodians.

Simon Forster, co-head of digital assets at TP ICAP said, “Client demand to trade spot crypto assets is significant and growing, with interest coming from our traditional customer base across the different asset classes we operate in. But to date, many of our clients hav...

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