Edgewater Markets LLC., the NFA-registered non-bank foreign exchange (forex) liquidity provider announced on Wednesday that it has launched a new company – Edgewater Digital Technologies Inc.
Edgewater Digital., in turn, has launched a digital asset trading platform for institutional investors, Crypto Prime Trader. The platform will provide investors with access to the digital asset markets, whilst Edgewater Digital will act as principal as required to carry out the transactions, the statement said.
In order to launch the Crypto Prime Trader platform, Edgewater Markets invested capital, trading technology and personnel. The platform will also act as an on-ramp for digital asset trading to the FX firm’s customers and other institutional trading companies.