Hidden Road, a prime brokerage platform for institutional investors in digital assets, has expanded its network by adding several major exchanges, including Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange, and Bullish. This move significantly enhances the platform's trading capabilities and liquidity.
Furthermore, Hidden Road has embraced BlackRock's BUIDL token as collateral across its network. This allows institutional clients to earn interest on their holdings while using the token to post margin, facilitating trading on exchanges like CME.
Hidden Road's CEO, Michael Higgins, highlighted the benefits of using BUIDL as collateral, stating that it enables clients to earn interest while maintaining the ability to engage in trades. The platform's unique integration with CME allows for cross-margining and margin financing, offering flexibility and efficiency to institutional clients.
Hidden Road has also onboarded several liquidity providers like B2C2, IMC, and Laser Digital, along with software vendors Talos and TT. These additions further strengthen the platform's ecosystem and provide clients with enhanced trading tools and resources.
Key Points:
Hidden Road has expanded its network to include several major exchanges, including Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange, and Bullish.
The platform now accepts BlackRock's BUIDL token as collateral, enabling clients to earn interest on their holdings while using it for margin trading.
Hidden Road's integration with CME allows for cross-margining and margin financing of digital assets, including BUIDL.
Several liquidity providers like B2C2, IMC, and Laser Digital, along with software vendors Talos and TT, have joined Hidden Road's platform.
These additions enhance the platform's trading capabilities, liquidity, and resources for institutional clients.
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