Hidden Road Launches Industry-First OTC Prime Brokerage for Digital Assets

The Primary Account Administrator will have full rights to access the system, submit information to this agency and other participating state regulators, and set up other company users in the system. Instructions and tutorials on how to access and use the system are also available in the NMLS Resource Center. Access a world-class Bitcoin mining facility with state-of-the-art cryptocurrency prime brokerage infrastructure, and an experienced support team of 50+ technicians, power market engineers, and expansive ground personnel to keep you running. Take control of the positions you take in the market with instant settlement capabilities.

Heavy Industry & Manufacturing Overview

You can view the BitLicense Application Checklist any time, even before you have an NMLS account. The BitLicense Application Checklist is a critically important guide for anyone considering applying for a BitLicense. Before submitting a BitLicense application, please read the BitLicense Application Checklist carefully. BitLicense applications must generally contain all items https://www.xcritical.com/ described in the BitLicense Application Checklist. Failure to submit all of these items, as described, is the most common reason for delays in the application process. Within three days of completing and submitting the Company Account Request Form, the Primary Account Administrator will receive NMLS login information.

OSL Launches Dedicated Digital Asset Prime Brokerage in the Americas

digital asset prime brokerage

In the bricks-and-mortar categories, only retailers and service providers present in at least two census regions have been included in the list. In the online categories, only retailers and service providers present online have been included in the list. In total, the survey took an average of 9-12 minutes to complete, and the field period ran from February to March 2024. With customer expectations higher than ever, businesses are finding new ways to meet those demands. Customer service leaders are increasing investment in AI, hiring more support staff and improving self-service portals. BEQUANT is where traditional investing meets cryptocurrency – a one stop solution for professional digital asset investors and institutions.

Nexo Joins Colombia Fintech as Local Crypto-Yield Clients Soar 73%

Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high risk tolerance. In our Institutional Digital Asset Survey, we found that institutional investors’ interest in digital assets is on the rise. From 2019 to 2020, the portion of US investors with an allocation of digital assets increased from 22% to 27%. Even more encouraging, 44% of traditional hedge funds surveyed expect to have a bitcoin allocation of more than 1% in the next five years. We partner with pioneering financial institutions, funds, and select start-ups, to provide comprehensive prime brokerage services with innovative financing solutions. Listeners will gain valuable insights into the future of decentralized finance (De-Fi) for institutional players and how the increased accessibility offered by prime brokerage services could drive overall market growth.

Alessandro Balata,Portfolio Manager,Fasanara Capital

This form can be submitted electronically through the NMLS website’s “Getting Started” section. This form needs to be submitted only once per company, regardless of the number of NMLS participating states in which you are licensed. [2] SEFs are CFTC-registered entities that provide a trading facility for certain types of swaps and are regulated under 17 CFR Part 37 and primarily overseen by the Division of Market Oversight (“DMO”).

[xiii]Principal refers to a model where the firm uses its own capital and securities to facilitate transactions. Agency refers to a model where the prime broker acts as an intermediary and arranges transactions between their clients (usually hedge funds) and institutional investors looking to trade or lend their assets. This article is for informational purposes only and is not intended to constitute a recommendation, investment advice of any kind, or an offer to buy or sell securities or other assets. Please perform your own research and consult a qualified advisor to see if digital assets are an appropriate investment option.

digital asset prime brokerage

We do not compete with our clients in any way, nor do we have conflicts of interest with counterparties, custodians or trading venues. As an initial matter, it is worth noting that both Advisories are exceptionally terse, each containing about three short paragraphs of substantive guidance. It is unusual for such policy observations to be announced in this manner – and one can speculate that this approach is the result of the five commissioners finding difficulty in reaching consensus (or even a bare majority) for action.

digital asset prime brokerage

The greater your access to liquidity, the better your ability to get the best possible price for your trades. To help you identify the companies that are getting it right, Newsweek and global data research firm Statista are proud to present America’s Best Customer Service 2025. In the application process, an NMLS Identification Number will be assigned to your application. Please maintain a record of this NMLS Identification Number, as it will be used as your application reference number throughout the remainder of the process.

digital asset prime brokerage

To view your holdings in one of our investment products, please use the access details provided to you by your administrator. This year we recognize over 700 brands across 163 categories that have gone the extra mile to deliver exceptional customer service experiences. When you first log in, click on Ask for Apps to request access to the Virtual Self-Certification application, for the company(ies) you will be filing for. Prospective applicants who have questions about the application process can send their questions to the DFS Virtual Currency Unit staff, at [email protected]. If it appears that an applicant would benefit from a more interactive dialogue, DFS staff may recommend a pre-application call or meeting (virtual or in person), at the appropriate time. Each company holding a BitLicense that wishes to manage its license on NMLS must create a company record in the system (see above).

The emerging digital asset industry is looking to adopt the prime model to service a new wave of institutional clients. While digital asset prime may not settle on identical solutions provided by traditional prime, it will be rooted in an identical purpose – a master relationship that facilitates access to all relevant products, markets, and service providers. Led by Head of Americas Fernando Martinez, the Americas unit facilitates OSL’s market-leading prime brokerage offering, including electronic and OTC execution and coin borrowing and lending, into OSL’s deep pools of digital asset liquidity.

As noted by that relief, the prime broker “performs a credit intermediation role in the transaction.” Our systems have been built to give our clients industry-leading access to the digital asset markets. We invite you to watch or listen to this episode for expert perspectives on the latest trends and predictions in the world of prime brokerage and digital assets. In the latest episode of The Flow podcast, Konstantin Shulga, CEO and co-founder of Finery Markets, sits down with Jack Yang, CEO of LTP, the leading prime broker in digital assets across the APAC region, to explore these compelling questions. Founded in 2001, OBEX Securities provides a tailored, traditional approach to financial services.

In June of 2015, DFS issued virtual currency regulation 23 NYCRR Part 200 under the New York Financial Services Law. In Advisory 23-06, DCR observed that in situations where derivatives transactions are cleared through prime brokerage arrangements,[1] the intermediaries may need to register with the CFTC as DCOs. DCR referred to recent situations it has encountered involving prime brokerage arrangements used by swap execution facilities (“SEFs”)[2] in which a single prime broker would provide “centralized credit substitution” to all SEF participants.

  • ROAD TOWN, British Virgin Islands, Oct. 13, 2022 /PRNewswire/ — Hidden Road, the global credit network for institutional investors, today announced the public launch of its over-the-counter (OTC) prime brokerage for digital assets, for both US and international counterparties.
  • It would be a stretch to say a full-service prime broker with all the products and attributes of bulge bracket prime services teams in traditional markets exists in digital asset markets today.
  • OneChronos is a technology company at the intersection of capital markets, machine learning and mechanism design, providing innovative execution venues to those in the electronic trading world.
  • Tower Brokerage is comprised of a residential division dealing with acquiring and brokering investment properties, and building management, as well as a commercial and retail leasing division (handling commercial leasing, and business sales involving bulk asset purchases).
  • This article is for informational purposes only and is not intended to constitute a recommendation, investment advice of any kind, or an offer to buy or sell securities or other assets.
  • Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high risk tolerance.
  • We give you access to proprietary credit lines that give you the best positions in the market – beyond just leverage.

We focus on delivering unsurpassed personal service to our customers while meeting the unique requirements of major institutions and high-net-worth individuals. Clients benefit by working with our experienced and highly professional staff and the strong relationships which OBEX has formed with its various clearing firms. OSL’s over-the-counter (OTC) and electronic RFQ/API offer access to unparalleled market liquidity with complete privacy, capital efficiency and guaranteed price quotes.

To date, multiple businesses provide one or more of the core services provided by a prime broker, but no single player has yet to check all of the boxes. While the digital asset space requires a unique set of tools to service its customers, there are clear benefits to building a more streamlined and integrated product offering. In this piece, we cover the history of prime brokerage, its revenue generating services, and the importance of prime for digital assets. “Listening to our institutional counterparts, there was clear demand for Hidden Road to launch the first real prime brokerage solution for OTC trading of digital assets,” says Michael Higgins, Global Head of Business Development for Hidden Road. ROAD TOWN, British Virgin Islands, Oct. 13, 2022 /PRNewswire/ — Hidden Road, the global credit network for institutional investors, today announced the public launch of its over-the-counter (OTC) prime brokerage for digital assets, for both US and international counterparties.

A tailored suite of algorithmic trading strategies and portfolios that work to grow your assets. Having access to the whole market through one access portal gives you the ability to manage your assets directly with no hidden costs of trading. Allocating your capital across multiple platforms helps you to get the best deals, but leaves you exposed. Are you looking for Fidelity Crypto®, Fidelity’s crypto offering for individual investors?

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