Expanding Institutional Access: DeFinity Markets and One Trading Collaborate

Monday, 18/12/2023 | 09:31 GMT by Tareq Sikder
  • It aims to develop inclusive infrastructure for institutional digital assets and fiat transactions.
  • The partnership aligns with DeFinity Markets' recent FX market onboarding.
merger-and-acquisition
Finance Magnates

To broaden liquidity access for eligible institutions, DeFinity Markets, powered by DMALINK, and One Trading, a European Union-based crypto trading exchange, have announced a strategic partnership. This collaboration aims to establish the most expansive custody-agnostic institutional digital assets and fiat rails in the region.

Collaboration Reshaping Institutional Digital Asset Ecosystems

The collaboration signifies a step in reshaping institutional digital asset ecosystems, offering clients diverse destinations for achieving optimal execution. One Trading's trading platform complements DeFinity's pedigree, born from DMALINK's low-latency architecture.

Manu Choudhary, CEO at DMALINK
Manu Choudhary, CEO, DMALINK, Source: LinkedIn

Manu Choudhary, the Co-Founder of DeFinity Markets, said: "Our goal is to drive market evolution hand in hand with innovative tech-led enterprises. The synergy with One Trading exemplifies our dedication to accelerating progress within the broader market. Our steadfast focus on performance-enhancing technology positions us to redefine the very fabric of electronic trading standards for digital assets."

Michael Siwek, Founder and Chief Revenue Officer at DMALINK
Michael Siwek, Founder and Chief Revenue Officer, DMALINK

The partnership comes at a time when DeFinity Markets has onboarded Commerzbank for interbank FX market access, providing cross-currency product support and expanding liquidity options. The collaboration strategically aligns with DMALINK's client-focused criteria, emphasizing geographical location.

DMALINK, developing its FX services, sees this integration as a response to ongoing client demand, in line with its core objective of delivering efficient, data-driven institutional FX liquidity. Additionally, DMALINK has broadened Scandinavian currency options through collaboration with Danske Bank, enabling access to tailored liquidity.

Addressing Infrastructure Challenges: One Trading and DeFinity's Focus

One Trading, as a European digital asset trading platform, holds a VASP registration in Italy and a MiFID trading venue license under the application. DeFinity Markets, known as the Institutional Standard in Digital Assets Trading, operates on institutional-grade technology, providing market access to global Financial Institutions.

Andy Mosson, the Chief Commercial Officer at One Trading, commented: "One Trading stands at the forefront of global digital asset exchanges, boasting unparalleled technological advancement. It is a privilege to collaborate with the DeFinity Markets team, known for their commitment to innovation in the digital asset sector and building on their strong track record in the traditional wholesale FX markets. Their unwavering pursuit of innovation resonates profoundly with our vision.”

Chris Park, a Co-Founder of DeFinity Markets, highlighted the challenge of institutional infrastructure and interoperability hindering mainstream Financial Institution adoption in the current Digital Asset market. The partnership with One Trading aims to address this issue, fostering development at the intersection of traditional and digital markets.

Michael Siwek, a Co-founder of DeFinity, underscored the strategic choice of partners that bring exciting capabilities to financial markets. The partnership with One Trading extends beyond crypto, reflecting the commitment to advancing financial market offerings.

To broaden liquidity access for eligible institutions, DeFinity Markets, powered by DMALINK, and One Trading, a European Union-based crypto trading exchange, have announced a strategic partnership. This collaboration aims to establish the most expansive custody-agnostic institutional digital assets and fiat rails in the region.

Collaboration Reshaping Institutional Digital Asset Ecosystems

The collaboration signifies a step in reshaping institutional digital asset ecosystems, offering clients diverse destinations for achieving optimal execution. One Trading's trading platform complements DeFinity's pedigree, born from DMALINK's low-latency architecture.

Manu Choudhary, CEO at DMALINK
Manu Choudhary, CEO, DMALINK, Source: LinkedIn

Manu Choudhary, the Co-Founder of DeFinity Markets, said: "Our goal is to drive market evolution hand in hand with innovative tech-led enterprises. The synergy with One Trading exemplifies our dedication to accelerating progress within the broader market. Our steadfast focus on performance-enhancing technology positions us to redefine the very fabric of electronic trading standards for digital assets."

Michael Siwek, Founder and Chief Revenue Officer at DMALINK
Michael Siwek, Founder and Chief Revenue Officer, DMALINK

The partnership comes at a time when DeFinity Markets has onboarded Commerzbank for interbank FX market access, providing cross-currency product support and expanding liquidity options. The collaboration strategically aligns with DMALINK's client-focused criteria, emphasizing geographical location.

DMALINK, developing its FX services, sees this integration as a response to ongoing client demand, in line with its core objective of delivering efficient, data-driven institutional FX liquidity. Additionally, DMALINK has broadened Scandinavian currency options through collaboration with Danske Bank, enabling access to tailored liquidity.

Addressing Infrastructure Challenges: One Trading and DeFinity's Focus

One Trading, as a European digital asset trading platform, holds a VASP registration in Italy and a MiFID trading venue license under the application. DeFinity Markets, known as the Institutional Standard in Digital Assets Trading, operates on institutional-grade technology, providing market access to global Financial Institutions.

Andy Mosson, the Chief Commercial Officer at One Trading, commented: "One Trading stands at the forefront of global digital asset exchanges, boasting unparalleled technological advancement. It is a privilege to collaborate with the DeFinity Markets team, known for their commitment to innovation in the digital asset sector and building on their strong track record in the traditional wholesale FX markets. Their unwavering pursuit of innovation resonates profoundly with our vision.”

Chris Park, a Co-Founder of DeFinity Markets, highlighted the challenge of institutional infrastructure and interoperability hindering mainstream Financial Institution adoption in the current Digital Asset market. The partnership with One Trading aims to address this issue, fostering development at the intersection of traditional and digital markets.

Michael Siwek, a Co-founder of DeFinity, underscored the strategic choice of partners that bring exciting capabilities to financial markets. The partnership with One Trading extends beyond crypto, reflecting the commitment to advancing financial market offerings.

About the Author: Tareq Sikder
Tareq Sikder
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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

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