Matrixport, a leading digital assets ecosystem, debuts its new prime brokerage service, Phoenix Prime, bringing revolutionary unified access to the crypto market. With its tech-driven trading infrastructure and quant-driven, cost-effective system, Phoenix Prime is set to redefine the crypto trading landscape.
Matrixport Unveils Phoenix Prime Brokerage Service
Presenting Phoenix Prime, the first unified access to the crypto market designed to drastically reduce latency and optimize capital efficiency. The service features a groundbreaking smart order router (SOR), paves the way for ultra-fast and cost-effective trading for firms by accessing liquidity from renowned exchanges like Binance, OKX, and Bybit. Future plans include onboarding more exchanges for expansive liquidity access.
Advanced Features of Phoenix Prime
Equipped with a tech-optimized trading infrastructure and a highly advanced SOR, Phoenix Prime solves the challenges faced by trading firms regarding complex integrations across multiple exchanges and locations, and manages increasing KYC/AML compliance requirements. It also offers instant cross-exchange transfers, off-exchange settlement, and competitive lending services for effective counterparty risk mitigation.
Matrixport: The Rising Star in Crypto Financial Services
Matrixport is unyielding in transforming the management, trading, and custody of digital assets. Renowned for its one-stop crypto financial services, Matrixport has been named as one of the 50 most promising blockchain companies in the world. Meeting emerging needs with offerings like Cactus Custody™, spot OTC, and asset management, it also facilitates access to real-world assets via tokenization. Fostering connections with early-stage Web3 innovators through its ventures arm, Matrixport continues to help build, grow, and scale.
In conclusion, Matrixport’s Phoenix Prime is set to be a game-changer in the crypto market with its advanced infrastructure and services. It’s an innovative leap forward for the trading industry, promoting ultra-fast, cost-effective, and convenient trading. With Phoenix Prime, Matrixport uplifts its commitment to creating a more accessible and optimized space for digital assets.
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