FINXFLO Taps Blockfills as its Latest Liquidity Provider as Traditional Investors Eye Cryptocurrency
[SINGAPORE] — FINXFLO, the world’s first hybrid DeFi/CeFi liquidity aggregator, today announced Blockfills, a financial technology company in the digital asset space, as the latest liquidity provider to join the FINXFLO platform. The addition of Blockfills will deepen FINXFLO’s in-market liquidity, while simultaneously delivering a world-class trading experience for new and existing cryptocurrency traders.
Research indicates that traditional hedge funds are increasingly raising their exposure to cryptocurrency and digital assets. According to a poll conducted by Intertrust Global, 98% of hedge fund managers anticipate their respective firms will have invested more than seven percent of their assets in cryptocurrencies within the next five years, which equates to roughly $312 billion in value. With sustained interest in digital assets, liquidity aggregators have developed into a cornerstone of cryptocurrency trading, as they offer optimal price execution and deeper liquidity. Blockfills’ added resources will help FINXFLO offer users a seamless, user-friendly trading experience.
“We’re delighted to welcome Blockfills as FINXFLO’s latest liquidity provider,” said James Gillingham, CEO of FINXFLO. “With Blockfills, FINXFLO can continue to build the deepest in-market liquidity, providing a secure and reliable product to its users on a platform that is the first-of-its-kind hybrid in cryptocurrency trading. We aim to create a level playing field, with market distortions and unfair trading practices eliminated.”
Founded in 2018, Blockfills has a decorated history of helping traders navigate the cryptocurrency market. The fintech platform has generated more than 500 institutional clients globally. With a premium on security and seamlessness, Blockfills has facilitated more than $10 billion in trade volumes, while simultaneously solving fragmented liquidity problems through their aggregation and matching algorithms.
Blockfill’s support of FINXFLO’s hybrid aggregator model will allow the custom-built platform to deliver users the best trade options across CeFi and DeFi protocols through a single interface.
To learn more and explore market pricing, visit: finxflo.com.
Co-founded by leaders in their respective niches, FINXFLO is a platform that focuses on changing the cryptocurrency market through innovation. As the world’s first hybrid DeFi/CeFi liquidity and protocol aggregator, FINXFLO brings a one-stop solution for all cryptocurrency traders and investors. Using only one account with one KYC, our users are now able to utilise liquidity from 25+ CeFi and DeFi platforms through a single user interface. In simple terms, FINXFLO blends all the upsides of DeFi and CeFi ecosystems to produce the ultimate product.
Blockfills, founded in 2018, is a disruptive technology firm dedicated to the provision of bespoke end-to-end solutions to participants in the cryptocurrency market the world over. They have successfully built and deployed a cutting edge multi-asset technology platform that provides price discovery, electronic order matching, smart order routing and trade reconciliation solutions for institutions in the digital spot, derivatives and lending markets.