Caspian, a cryptocurrency trading, portfolio, and risk management platform for professional investors, recently added the Seed Digital Commodities Market, a cryptocurrency exchange operated by Seed CX, to its network.
According to a published press release, the two companies recently formed a partnership that’ll allow institutional investors to use Caspian’s cryptocurrency trading and portfolio management system, which covers the life cycle of trades, to easily access Seed CX’s trading platform.
Co-founder and CEO Edward Woodford commenting on the development stated:
“This integration brings accessibility to institutional investors using Caspian’s technology to connect to our secure and efficient venue on which to trade digital assets, with robust margin models and strong risk controls.”
Caspian’s platform allegedly makes it easier for professional traders to move funds across multiple cryptocurrency exchanges, and facilitates price discovery in the cryptocurrency ecosystem.
According to the press release, Caspian’s CEO Robert Dykes revealed both companies share the goal of bringing greater institutional participating into the cryptocurrency ecosystem, and to provide the tools required for it.