Fintech company Gold-i, based in the UK, and cryptocurrency liquidity provider Cypator have announced a new partnership aimed at improving retail brokers’ access to cryptocurrency liquidity. This collaboration integrates Cyator’s cryptocurrency liquidity pool with Gold-i’s MatrixNET liquidity management platform.
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Gold-i and Cyptor team up to enhance cryptocurrency liquidity for retail brokers.
The integration aims to provide retail brokers using Gold-i’s MatrixNET with Cyator’s cryptocurrency liquidity and execution services. This partnership addresses challenges in the cryptocurrency trading market, such as liquidity depth and execution speed for retail clients.
According to the companies, the integration will enable brokers to offer their clients wider access to cryptocurrencies. This could lead to more competitive pricing and tighter spreads, though the specific impacts will become clearer as the integration progresses.
Tom Higgins, CEO of Gold-i, commented: “This partnership underscores our commitment to providing innovative solutions to meet the evolving needs of the cryptocurrency trading community. By integrating Cyator’s liquidity into our MatrixNET liquidity management platform, we are offering a more compelling product for clients looking to enter the cryptocurrency market.”
The partnership is expected to bring several potential benefits, including increased market depth, access to Cypator’s market maker network, and the ability to leverage Gold-i’s existing technology infrastructure.
According to the announcement, the collaboration aims to facilitate the integration between the two platforms with minimal disruption to clients’ existing operations.
Ayal Jedekin, CEO of Cyator, stated: “Our collaboration with Gold-i aligns perfectly with our mission to enhance trading efficiency and access to the cryptocurrency market. This partnership enables us to deliver greater value to our clients.”
Gold-i’s latest developments
Finance Magnates reported in April that Gold-i’s CTO, Chris James, had left the company after six years. During his tenure, James oversaw key departments including customer support, operations and onboarding, software development, and quality assurance.
Meanwhile, Gold-i, known for providing MetaTrader tools and liquidity solutions, introduced a swap-free plugin in its liquidity management solutions. This new tool in their product suite allows brokers to offer trading accounts that do not incur interest payments.
Last year, Gold-i partnered with Finalto. Through this collaboration, Finalto directly integrated Gold-i’s MatrixNET liquidity management platform into its trading and account management system, ClearVision. This integration provided Finalto’s broker clients with enhanced options for aggregating or distributing forex and cryptocurrency liquidity.