Asian cryptocurrency liquidity provider Tilde has just informed that it is working with trading technology solutions provider TradAir to introduce electronic cryptocurrency trades among institutional investors in Asia. This will enable Tilde clients to trade a multitude of cryptocurrencies through TradAir’s personalised and intuitive platform, making trading
more efficient and secure.
Tilde is an over-the-counter (OTC) cryptocurrency trading service and market maker launched by Asian proprietary trading firm Grasshopper in July 2018. It aims to bring high standards of integrity, pricing efficiency and execution to cryptocurrency trading on behalf of institutions, hedge funds, and family offices, while applying Grasshopper’s expertise in liquidity provision and technology to the cryptocurrency and post-ICO markets.
Tilde is TradAir’s first cryptocurrency white labeling partnership in Singapore. The integration between the companies will allow Tilde to provide cryptocurrency liquidity electronically to its customers in Asia. Customers will be able to trade a full suite of cryptocurrencies, including niche pairs, through a high performance HTML5 cryptocurrency native trading platform that delivers a high-level trading experience. TradAir’s suite of analytical tools will also allow effective monitoring of customer credit and trade risk, optimising their experience in a safe and secure manner.
As the cryptocurrency market matures and institutional investors become more involved, we want to facilitate the trading process by maximising efficiency while minimising risks in their interactions with OTC desks. TradAir’s platform is intuitive and with Tilde it offers best execution that delivers an exceptional trading experience. We are excited about the partnership and look forward to transforming the cryptocurrency trading arena for our clients,” said John Lin, founder and Chief Executive Officer (CEO), Grasshopper and Tilde.
We are thrilled to have Tilde as our first cryptocurrency client in Asia. Combining Tilde’s unique cryptocurrency liquidity network with TradAir‘s trading platform is a winning proposition for institutional traders that need the breadth of cryptocurrency offerings with the tools and performance of an institutional grade GUI,” added Ayal Jedeikin, CEO of TradAir.