The digital assets sector is abuzz with the thrilling news of Quadra, a dominant digital asset infrastructure firm, joining forces with Copper, a significant figure in digital asset custody and collateral management. This collaboration has led to the creation of Coinmatch, a multi-dealer Request For Quote (RFQ) platform for over-the-counter (OTC) trading.
Quadra’s proficiency in execution and post-trade solutions pairs well with Copper’s expertise in digital asset custody, collateral management, and prime services. Together, they aim to make a significant impact with Coinmatch’s introduction.
Coinmatch offers an “institution-grade collateral and settlement” system. This unique feature blends the flexibility of OTC trading with the security of institutional-grade collateral. Consequently, it appeals to a diverse range of users, from individual investors to financial institutions.
How Coinmatch Transforms OTC Trading
The launch of Coinmatch signifies a significant advancement for OTC trading. Traditionally, OTC trading has lacked the regulation and transparency of exchange trading. However, Coinmatch aims to change this by providing a streamlined and secure trading experience. Moreover, its integrated collateral and settlement system enhances security, broadening the appeal of OTC trading.
The partnership between Quadra and Copper has the potential to disrupt the digital assets sector. By combining Quadra’s expertise in execution and post-trade solutions with Copper’s skills in digital asset custody and collateral management, they’ve created a platform that’s both flexible and secure. Coinmatch stands ready to revolutionize OTC trading by offering a more regulated and streamlined trading experience.
As digital assets continue to gain traction, the need for secure and efficient trading platforms is growing. Quadra and Copper, through the launch of Coinmatch, demonstrate their commitment to meeting this need. The platform’s integrated collateral and settlement system enhances security, making OTC trading increasingly accessible and appealing to a wider audience.
