Ever wondered what’s next for institutional crypto trading? Quadra and Copper just launched Coinmatch, a game-changing platform designed to make trading crypto derivatives smoother and more secure. Think advanced collateral management and seamless settlements, all in one place. Is this the leap the digital asset market has been waiting for?
The landscape of institutional crypto trading has just taken a significant leap forward with the official launch of Coinmatch, a pioneering multi-dealer request for quote (RFQ platform) developed through a strategic collaboration between Quadra, a leading digital asset infrastructure firm, and Copper. This innovative platform is set to redefine efficiency and trust in the burgeoning market for crypto derivatives, offering a streamlined solution for sophisticated over-the-counter (OTC trading) operations.
Coinmatch emerges as a critical piece of infrastructure, specifically designed to address the complexities inherent in trading digital asset derivatives. By providing a centralized, multi-dealer environment, it fosters genuine price competition among market makers, ensuring that institutions can achieve optimal execution for both options and futures contracts in a transparent and controlled manner.
Central to Coinmatch’s robust functionality is its integration with Copper’s state-of-the-art collateral management and settlement infrastructure. This vital component underpins the platform’s ability to offer secure, real-time post-trade workflows, mitigating counterparty risk and instilling a higher degree of confidence among participants. Copper’s proven technology provides a bedrock of security and operational excellence.
For institutional players, the platform promises a substantial reduction in manual touchpoints and operational overheads. The automated integration of collateral management and settlement via Copper’s powerful framework transforms what can often be a cumbersome process into a seamless, efficient workflow, allowing traders to focus on strategy rather than administrative burdens.
Pedro Birmann, CEO at Quadra, articulated the core philosophy behind Coinmatch, emphasizing that thriving crypto derivatives markets demand three fundamental pillars: intense price competition, advanced workflow automation, and an unwavering trust in the underlying infrastructure. He affirmed Coinmatch’s commitment to delivering all three, while carefully respecting the crucial role of market makers and the imperative for scalable, non-conflicted execution.
Echoing this sentiment, Amar Kuchinard, Global CEO at Copper, expressed enthusiasm for powering this purpose-built RFQ platform. He highlighted Coinmatch’s deep integration with Copper’s comprehensive collateral management and settlement solutions, declaring it a pivotal moment that ushers in an exciting new era of enhanced efficiency and ground-breaking innovation for institutional crypto trading.
Further cementing its position as a transformative force, STS Digital, a prominent institutional digital asset trading firm specializing in OTC trading, has committed to acting as a leading market maker on the Coinmatch platform. Maxime Seiler, CEO at STS Digital, lauded Coinmatch as a significant advancement for institutional trading infrastructure, providing a remarkably clean and efficient conduit for counterparties to engage effectively.
The launch of Coinmatch signifies a maturation in the digital asset infrastructure space, particularly for institutional crypto markets. It addresses the growing demand for more sophisticated, secure, and regulated environments for crypto derivatives trading, setting a new benchmark for operational standards and fostering broader institutional participation in this dynamic asset class.
