Gold-i Integrates Crypto Switch with Hidden Road to Bridge Crypto and Traditional Assets

Wednesday, 14/06/2023 | 07:00 GMT by Damian Chmiel
  • Gold-i has joined forces with Hidden Road for enhanced crypto liquidity aggregation.
  • The integration gives rise to a platform capable of real-time settlement and efficient trade execution.
Tom Higgins, CEO and founder, Gold-i
Tom Higgins, CEO and founder, Gold-i

Gold-i has successfully integrated its Crypto Switch with Hidden Road, a credit network for global institutions. This strategic partnership allows both companies to exploit Hidden Road's real-time API functionality, facilitating a robust crypto liquidity aggregation . This integration brings a wave of change in trade settlements by permitting the instant drop copying of every trade.

Gold-i Strengthens the Crypto Trading Ecosystem

Crypto Switch by Gold-i provides a tested institutional solution for utilizing and distributing crypto liquidity. Integrated with numerous crypto market makers and exchanges, it ensures tight spreads, low latency and deep liquidity.

Integrating Gold-i's Crypto Switch to Hidden Road's API ensures the delivery of fast and reliable crypto liquidity aggregation. Furthermore, this integration introduces an innovative real-time trade settlement process, transforming conventional methods.

Tom Higgins, the Founder & CEO of Gold-i
Tom Higgins, the Founder & CEO of Gold-i

Tom Higgins, the Founder & CEO of Gold-i, holds Hidden Road in high regard, citing its instrumental role across traditional and digital assets. Higgins also highlighted how Hidden Road has developed an effective ecosystem in the crypto world. By offering segregated functions like prime brokerage, clearing, and financing, the firm aids counterparties in risk mitigation.

"We are delighted to have integrated our Crypto SwitchTM with Hidden Road's API," Higgins commented. "Institutional digital asset adoption continues to grow and Hidden Road has a compelling offering, with impressive connectivity and a formidable pool of OTC Market Makers providing deep liquidity."

Michael Higgins, the Global Head of Business Development at Hidden Road
Michael Higgins, the Global Head of Business Development at Hidden Road

Echoing this sentiment, Michael Higgins, the Global Head of Business Development at Hidden Road (unrelated to Tom Higgins), expressed the firm's continual focus on providing robust tools across traditional and digital asset classes.

"Gold-i's Crypto Switch™ is a great fit with our credit network and OTC prime brokerage offering and further evidence of our partner-first philosophy," Higgins added.

Six Years of Goldi's Crypto Switch Operations

The fintech firm presented the Crypto Switch solutions to enable access to leading crypto exchanges and liquidity providers back in October 2017. A year later, it announced the next generation of its product, offering a physical clearing of cryptocurrencies .

Since then, the solution has benefited many contracts for difference (CFDs) brokers and financial firms. Among them were companies such as B2C2 and Blockfills. In 2022, Tom Higgins' firm collaborated with Binance to improve liquidity. Currently, the platform offers market liquidity from nearly 20 cryptocurrency service providers.

During an exclusive interview last year, Finance Magnates spoke with Higgins, summarizing 30 years of his activity in the market. As he admitted, the FX/CFD industry has significantly changed, and there is an increasing emphasis on the cryptocurrency offering.

"Crypto Switch™ is Gold-i's platform for financial institutions wishing to access deep and diverse crypto liquidity with a fully cleared solution. We launched the first iteration of this product in 2017 and have invested in and evolved it ever since. It's a very different product now from when we first launched it," Higgins commented.

Higgins summarized that Gold-i would continue to develop in the direction of the institutional crypto liquidity business.

Gold-i has successfully integrated its Crypto Switch with Hidden Road, a credit network for global institutions. This strategic partnership allows both companies to exploit Hidden Road's real-time API functionality, facilitating a robust crypto liquidity aggregation . This integration brings a wave of change in trade settlements by permitting the instant drop copying of every trade.

Gold-i Strengthens the Crypto Trading Ecosystem

Crypto Switch by Gold-i provides a tested institutional solution for utilizing and distributing crypto liquidity. Integrated with numerous crypto market makers and exchanges, it ensures tight spreads, low latency and deep liquidity.

Integrating Gold-i's Crypto Switch to Hidden Road's API ensures the delivery of fast and reliable crypto liquidity aggregation. Furthermore, this integration introduces an innovative real-time trade settlement process, transforming conventional methods.

Tom Higgins, the Founder & CEO of Gold-i
Tom Higgins, the Founder & CEO of Gold-i

Tom Higgins, the Founder & CEO of Gold-i, holds Hidden Road in high regard, citing its instrumental role across traditional and digital assets. Higgins also highlighted how Hidden Road has developed an effective ecosystem in the crypto world. By offering segregated functions like prime brokerage, clearing, and financing, the firm aids counterparties in risk mitigation.

"We are delighted to have integrated our Crypto SwitchTM with Hidden Road's API," Higgins commented. "Institutional digital asset adoption continues to grow and Hidden Road has a compelling offering, with impressive connectivity and a formidable pool of OTC Market Makers providing deep liquidity."

Michael Higgins, the Global Head of Business Development at Hidden Road
Michael Higgins, the Global Head of Business Development at Hidden Road

Echoing this sentiment, Michael Higgins, the Global Head of Business Development at Hidden Road (unrelated to Tom Higgins), expressed the firm's continual focus on providing robust tools across traditional and digital asset classes.

"Gold-i's Crypto Switch™ is a great fit with our credit network and OTC prime brokerage offering and further evidence of our partner-first philosophy," Higgins added.

Six Years of Goldi's Crypto Switch Operations

The fintech firm presented the Crypto Switch solutions to enable access to leading crypto exchanges and liquidity providers back in October 2017. A year later, it announced the next generation of its product, offering a physical clearing of cryptocurrencies .

Since then, the solution has benefited many contracts for difference (CFDs) brokers and financial firms. Among them were companies such as B2C2 and Blockfills. In 2022, Tom Higgins' firm collaborated with Binance to improve liquidity. Currently, the platform offers market liquidity from nearly 20 cryptocurrency service providers.

During an exclusive interview last year, Finance Magnates spoke with Higgins, summarizing 30 years of his activity in the market. As he admitted, the FX/CFD industry has significantly changed, and there is an increasing emphasis on the cryptocurrency offering.

"Crypto Switch™ is Gold-i's platform for financial institutions wishing to access deep and diverse crypto liquidity with a fully cleared solution. We launched the first iteration of this product in 2017 and have invested in and evolved it ever since. It's a very different product now from when we first launched it," Higgins commented.

Higgins summarized that Gold-i would continue to develop in the direction of the institutional crypto liquidity business.

About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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