“There is huge potential for institutionalization of crypto in China and more broadly,” said by the Vice President (VP) of the crypto exchange OKEx James Jiang.
OKEx is recognized as the leading cryptocurrency exchange across the world. It uses blockchain technology. Advanced financial services are provided to global customers through the exchange. It helps customers in leveraging their strategy by providing them token & futures trading pairs. It helps millions of users in more than 50 countries. It is recognized as the top cryptocurrency exchange by trading volume.
A full-stack crypto asset management platform called Caspian and the crypto exchange OKEx will work together. An infrastructure will be enhanced through this collaboration. The infrastructure supports an institutional adoption of crypto trading.
OKEx futures and spot products were integrated into Caspian order execution management system (OEMS). The platform will be promoted across China and the world through this collaboration.
He added, “We are delighted to have teamed up with Caspian to help facilitate our clients’ needs in this space.”
900+ funds investments are estimated to be there in cryptocurrency. 400+ funds investments are done since 2017. Out of these funds, 40+ percents are the US-based funds.
The Chief Executive Officer (CEO) and the Co-Founder of Caspian Robert Dykes said, “This agreement further expands our strategic partnerships, and, demonstrates our continued commitment to bring our industry leading institutional platform to a broader global market.”
Caspian is actually a full-stack crypto trading, portfolio and risk management platform. Algorithms, reporting, portfolio & risk management, compliance, and trading are provided through the platform. An ecosystem is developed by Caspian. Customers will be helped in operating efficiently than before and improving their performance through the ecosystem, GlobeNewswire reported.
The belief of the crypto exchange OKEx is that barriers in transactions will be eliminated and efficiency in transactions will be increased through the blockchain, according to the official LinkedIn account of OKEx.
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