Market Flowdesk manufacturer has launched an institutional credit desk, which expands its footprints in digital asset markets because traditional financial players are looking for better ways to deploy and access the crypto capital.
Sophisticated institutional counterparts are looking for structured credit products to manage liquidity, fence exposure, and produce yield throughout fragments areas. The new Flowdesk desk meets the demands by incorporating lending, borrowing, and structured credit to the existing OTC and liquidity infrastructure.
“The trading institutions of digital assets require more of good implementation,” said Reed Werbitt, CEO of the US and Chief Revenue Officer of Flowdesk. “They need tools to unlock capital techniques and structures with accuracy,” he added.
The new desk includes lending, borrowing, and structured credit directly to OTC and Flowdesk’s liquidity services.
This rollout will just come two months after Flowdesk raised more than $ 100 million To expand the headcount and develop an over-the-counter (OTC) derivatives trading desk.
“Our mission is to deliver institutional grade trade solutions for the digital asset ecosystem,” said Guilhem Chaumont, co-founder and global CEO of Flowdesk on a release.
“Launching our credit desk has aligned our commitment to expanding accessing advanced techniques on digital assets and stable risk management for a wider range of institutional counterparts,” Chaumont said.
The expansion of the Flowdesk came amid the increasing interest of the US institutional interest in digital ownership, and the White House that gives the industry a regulation of green light.
The trading firm is always quite bullish in this narrative.
Back in 2023, at the height of the US Securities and Exchange Commission’s (SEC) War in Crypto, Flowdesk The controversy was made to expand the US office Even others in the industry are looking at the coast. Chaumont said at a time when the size and sophistication of US capital markets is worth the risk.
