Gold-i Enhances Crypto Liquidity with Bitfinex Integration

Gold-i, which is a trading systems integration specialist for the financial services ‎industry, announced on Wednesday that it will integrate the Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term of crypto Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, Bitfinex.

Gold-i clients using the Crypto Switch™ 2.0 can access the digital asset liquidity of the major global exchange. Crypto Switch™ 2.0 is the fintech's flagship aggregation, liquidity management and distribution technology stack for digital assets.

Commenting on the development, Gold-i Chief Executive, Tom Higgins said: “Bitfinex has grown a reputation as a leading cryptocurrency exchange, and we are thrilled to be collaborating with them and offering their liquidity to our prime of prime, hedge funds and multi-asset broker clients.”

Demand for Crypto Liquidity Is Increasing

Bitfinex is one of the top crypto exchanges, handling more than a billion dollars in volume every day. It is one of the many Gold-i’s partners which the company tapped for liquidity. Earlier, Gold-i tapped CryptoCortex and Blockfills, among others, for crypto liquidity.

“This further strengthens our Crypto Switch™ 2.0 offering, adding significant depth of liquidity to our clients. I believe we have an unrivaled offering in facilitating digital token trading, and this will open up opportunities for Gold-i to attract new clients, resulting in further growth,” Higgins added.

“Bitfinex has established itself as the pre-eminent hub for institutional investors in the cryptocurrency space. We are pleased that Gold-i has chosen to offer its clients access to digital tokens on our platform. This is clearly an endorsement of the high level of scalability, reliability and depth of liquidity available on our platform,” Bitfinex CTO, Paolo Ardoino said.

Meanwhile, Gold-i is planning for global expansion and has already entered the Middle East and India by partnering with UAE-based EMEA Global Financial Consultancy.