The institutional digital asset prime broker, FalconX, has partnered with Fusion Digital Assets, TP ICAP's FCA-registered UK-based wholesale spot cryptoasset exchange. This collaboration aims to provide FalconX with access to competitive pricing and liquidity from TP ICAP's wholesale clients, leveraging Fusion Digital Assets' robust and secure framework.

According to a statement shared by the company, this integration is important in the evolving landscape of the crypto asset class, where interaction between institutional digital asset prime brokers and major financial market infrastructure providers becomes crucial.

Connecting Crypto and Traditional Finance

By bridging the native crypto asset ecosystem with traditional financial markets, the collaboration aims to facilitate seamless transactions and foster growth in the digital asset industry.

Austin Reid, the Global Head of Revenue and Business at FalconX, mentioned: "Collaborating with Fusion Digital Assets is another significant step in our ongoing efforts to bridge traditional financial markets and the growing cryptoasset ecosystem."

"This will enhance liquidity for our clients and foster an environment that propels growth and innovation in the digital asset industry. It underscores our commitment to providing secure, efficient, and seamless access to the global digital asset market for our clients."

Our Fusion Digital Assets exchange is built to provide deep liquidity that can be relied upon during all market conditions. That's why we’re excited to announce our partnership with FalconX, the world’s largest institutional digital asset prime broker. https://t.co/Iwq6qNbkoG

— TP ICAP Group PLC (@TPICAPGroupPLC) February 1, 2024

Enhancing Crypto Liquidity and Innovation

This partnership aims to enhance liquidity and facilitate the creation of a more connected and innovative digital asset industry. According to the duo, the collaboration between FalconX and TP ICAP's Fusion Digital Assets will unlock new opportunities and enhance global digital asset liquidity access.