Financial services company BlockFi has recently unveiled the launch of BlockFi Prime, an integrated trading platform for digital assets.
This platform offers greater transparency, a full range of trading capabilities and an enhanced user experience for institutional and other sophisticated investors including asset managers, family offices, high-net worth individuals, hedge funds, private equity firms and corporate entities.
BlockFi Prime is the newest addition to a host of Prime Services provided to the institutional clients, which has features such as digital asset borrowing and 24/7 client service through its OTC trading capabilities.
“As cryptocurrency investment and adoption becomes even more a part of mainstream financial markets, institutional investors have demanded tools that enable them to pursue traditional investing strategies while navigating trading nuances specific to digital assets,” said Zac Prince, CEO and co-founder of BlockFi.
More tools are expected to be added to BlockFi Prime in the coming months, particularly focusing on margin trading, derivatives and automated margin lending.