Hidden Road’s New Service Lets U.S. Institutions Trade Cash-Settled Crypto Swaps
Crypto prime broker Hidden Road launched a new
digital asset swaps prime brokerage offering specifically for the U.S. market.
The new service allows U.S.-based institutional
clients to trade cash-settled over-the-counter (OTC) swaps across a wide range
of prominent digital assets. These transactions will be handled through Hidden
Road Partners CIV UK Ltd, the firm’s FCA-regulated entity.
In addition to execution, the brokerage will provide
cross-margining and financing services, expanding the trading and capital
efficiency options available to institutional players.
Opening Global OTC Crypto Flows
Michael Higgins, Hidden Road’s International CEO and
Global Head of Corporate Development, pointed to a persistent gap in the U.S.
digital…
