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TP ICAP spot crypto exchange Fusion Digital Assets moves to Matched Principal model

TP ICAP spot crypto exchange Fusion Digital Assets moves to Matched Principal model

Interdealer broker TP ICAP (LON:TCAP) has announced what it calls the next major milestone for its spot cryptoasset exchange, Fusion Digital Assets. TP ICAP said that the platform will transition to a Matched Principal model in March 2026, enhancing capital efficiency, operational flexibility, and scalability for institutional clients. This proven model is already operated by TP ICAP across global markets, processing over $200 trillion notional in 2025.

Under the Matched Principal model, TP ICAP will act as an intermediary between buyers and sellers, standing as the counterparty to both sides of each trade. The benefits for clients include:

  • Every trade is backed by TP ICAP’s…

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