Fusion Digital Assets
A UK-based spot crypto venue, with TP ICAP
as your counterparty
Fusion Digital Assets is TP ICAP’s FCA‑AML registered wholesale spot cryptoasset exchange, giving institutions a secure, transparent, and operationally efficient way to trade digital assets.
Designed for today’s crypto markets - and tomorrow’s on‑chain financial ecosystem - Fusion delivers a market structure institutions recognise. Supported by TP ICAP’s global scale and investment‑grade credit strength, reducing counterparty and settlement risk while improving capital efficiency.
An exchange built for institutions, by an institution
Fusion sets the standard for spot crypto liquidity, drawing on decades of TP ICAP experience operating global wholesale electronic markets.
- Firm, anonymous execution on an institutional-only multilateral CLOB
- Deep liquidity from leading market makers
- Diversified flow from TP ICAP’s global client network
- Low latency performance, execution in microseconds
- Global access via a UK-registered venue
- Capital efficiency through assigned credit limit, no pre-funding required
- Reduced risk, settling against a single, regulated, institutional counterparty with an investment-grade credit profile
- Active liquidity management supported by dedicated relationship managers
Fusion Digital Assets
named “Exchange of the Year” at Hedgeweek’s Global Digital Assets Awards
Capital efficient,
lower risk trading
Fusion’s Matched Principal trading model is an institutional framework TP ICAP has operated in traditional markets for decades, and now applied to digital assets.
- Dynamic USD limits with automatic refresh
- Trade within assigned credit limits with no pre-funding
- Faster listings across cryptoassets, stablecoins, and fiat currencies
- Custody-agnostic workflow, settle from your preferred provider
- Reduced counterparty risk with TP ICAP the counterparty to every trade
- Reduced settlement risk via a TP ICAP managed delivery vs payment (DVP) process
Speed. Liquidity. Trust.
Fusion combines TP ICAP's low latency infrastructure with deep institutional liquidity and robust safeguards to deliver consistent, reliable execution.
Transparency and control
Fusion separates execution and settlement giving clients total clarity and control - no blurred lines, no hidden risks, just established, transparent, market structure
Deep, reliable
institutional liquidity
Fusion provides liquidity resilience across all market conditions through:
- Deep multilateral liquidity
- Dedicated market makers
- Anonymous execution to protect trading strategies
- Proactive liquidity management
- Liquidity resilience during fast-moving markets
- 24/5 trading hours
Relationship management and liquidity support
Technology is only half the story. Fusion delivers senior human expertise through dedicated relationship managers who are available 24/5 to provide:
- Real‑time liquidity monitoring
- Tailored TCA reviews
- Market insight and personalised support
Institutional technology, paired with institutional care - an advantage of TP ICAP's model
Connectivity –
trade your way
- FusionConnect FIX API (FIX 4.4 protocol)
- Third‑party OEMS integration: Talos, Wyden, Deltix, EPAM, Lucera, Haruko, Flextrade and more
- Flexible connectivity - write to Fusion’s API or have Fusion connect to yours
Flexible settlement from your preferred custody solution
TP ICAP enables seamless settlement directly from the custody wallet provider you choose. Our process is supported by Fusion's appointed custodian, a regulated digital asset specialist.
Available assets
Live: Bitcoin (BTC), Ether (ETH)
Coming Soon: Solana (SOL), Ripple (XRP), Circle (USDC), FX on-chain
Ready for tokenisation
Fusion is architected for the next era of blockchain-based markets - connecting clients to custodians, liquidity, and trading partners across tomorrow's tokenised financial system.