Caspian Partners With Gemini To Increase Crypto Exchange Connectivity For Institutional and Sophisticated Investors
Partnership between full-stack crypto platform and digital asset exchange will enable institutions and individuals to interact with multiple exchanges from one place
Hong Kong — 04 May 2018 — Caspian, the full-stack crypto trading and risk management platform for institutional and sophisticated investors, has partnered with Gemini, the licensed digital asset exchange, as part of its strategy to connect institutional investors and active traders with multiple exchanges from a single interface.
This partnership comes as Caspian — which is a joint venture between Tora, the leading global provider of advanced investment management technologies, and Kenetic, the blockchain firm committed to expanding the development and adoption of blockchain platforms — implements its strategy of adding 40 trading platforms by the end of June to its existing exchange connections.
“Our aim at Caspian is to drive exponential growth in crypto-trading participation amongst institutional and sophisticated investors. Our new partnership with Gemini will help us to not only increase our user base but also provide sophisticated connectivity and interoperability across various cryptocurrency exchanges,” said Robert Dykes, CEO of Caspian.
Caspian provides professional-grade trade order, execution, compliance and risk management features to meet investors’ regulatory and operational needs. It currently connects to over 10 major crypto-exchanges, including Gemini (FIX), BitMEX, GDAX (FIX), Bitfinex, Poloniex, BitFlyer and Binance.
“The fragmented landscape that exists at present means you have the same assets trading on a whole variety of different exchanges, which makes price discovery inefficient. Our partnership with Gemini — which is part of our ongoing strategy to add 40 exchanges by the end of June — allows institutional and sophisticated investors to trade more effectively and efficiently,” said Ben Roth, Global Head of Trading at Kenetic.
Gemini is a licensed digital asset exchange and custodian built for both individuals and institutions, which is regulated by the New York State Department of Financial Services (NYSDFS). Gemini must adhere to all anti-money laundering (AML) laws, know your customer (KYC) requirements, and consumer protections set forth by the Bank Secrecy Act (BSA) and NYSDFS.
Caspian is a solution that addresses the needs of crypto-investors who are implementing a diverse strategy that currently requires them to execute trades and maintain target allocations across many exchanges. This fragmentation of crypto-exchanges creates liquidity and slippage issues, as well as a challenging audit and compliance environment.
Caspian provides investors with a comprehensive Order and Execution Management System (OEMS), Portfolio Management System (PMS) and Risk Management System (RMS), backed by experienced customer support. Its features include professional-grade execution, portfolio management and reporting capabilities.
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About Caspian
Caspian is a joint venture between Tora and Kenetic, who have successful track records in asset management and cryptocurrency investing. Tora is a leading supplier of asset management technology, including an OEMS that averages monthly notional equity volume exceeding US$100 billion and is currently responsible for 17% of Japanese institutional equity trading volume. Kenetic is a blockchain firm committed to expanding the development and adoption of blockchain platforms through investments, advisory services, community and technology.
More information is available at: https://caspian.tech
About Gemini
Gemini Trust Company, LLC (Gemini) is a next generation digital asset exchange and custodian that allows customers to buy, sell, and store digital assets such as bitcoin and ether. Gemini is a New York trust company that is held to the highest level of fiduciary obligations, capital reserve requirements, and banking compliance standards. Gemini was founded in 2014, by brothers Cameron and Tyler Winklevoss, to build a bridge to the future of money. Gemini, in partnership with Cboe Exchange, Inc., launched the first-ever bitcoin futures contract in December of 2017.
For more information, visit Gemini.com.