Wyden Extends Access to Institutional Liquidity with TP ICAP’s Fusion Digital Assets Exchange Integration

Wyden Extends Access to Institutional Liquidity with TP ICAP’s Fusion Digital Assets Exchange Integration

29 Oct 2024

2 mins

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Wyden, the leading provider of institutional digital asset trading solutions, announces a new integration with world-leading liquidity and data solutions specialist TP ICAP. The integration will enable Wyden’s client base to trade on TP ICAP’s Fusion

Zurich – Fusion Digital Assets is a crypto trading venue operated by TP ICAP E&C Limited, a FCA registered cryptoasset firm. The exchange provides anonymous aggregation of streaming liquidity from leading market makers and uncorrelated liquidity from TP ICAP’s global client base. TP ICAP is the world’s largest interdealer broker, representing an important addition to Wyden’s liquidity network.

Andy Flury, Founder and CEO of Wyden, said: “Fusion Digital Assets is an important addition to the Wyden liquidity network. Not only does it bring a new channel of deep and diverse liquidity, but TP ICAP ’s expertise in venue operation, with a strong focus on risk and governance, offers trust and familiarity to Wyden’s regulated institutional client base.”

Chay Pollard, Global Head of Operations at Fusion Digital Assets, said: “We are pleased to integrate with Wyden and allow their clients access to our diversified liquidity. Wyden and Fusion Digital Assets share a similar journey of coming from traditional finance into digital assets, and share a combined goal of distributing digital assets in a secure, efficient and regulated manner.”

Aggregated digital asset liquidity for financial institutions

Fusion Digital Assets operates with a distinct segregated structure that aligns with traditional, institutional financial markets, separating the roles of trade execution, custody, and settlement. With Wyden’s digital asset solutions, market-wide connectivity, and trade lifecycle automation, this integration serves institutional clients and their needs for a secure digital asset landscape.