On May 23 the cryptocurrency portfolio and risk management platform Caspian Tech announced a partnership with the Seychelles based trading platform the Bitcoin Mercantile Exchange (Bitmex). The move aims to bring Caspian closer to being an all-in-one platform with access to multiple exchanges.
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Full Stack Portfolio Management Firm Caspian Partners With Bitmex
The firm Caspian is making partnerships across the cryptocurrency ecosystem in order to become an all-in-one institutional, investor-focused portfolio management system. This week the firm partnered with Bitmex so now Caspian customers will have a unified trading module with more liquidity. Additionally, the firm provides Order and Execution Management System (OEMS), Risk Management System (RMS), and a Portfolio Management System (PMS).
Arthur Hayes, the co-founder of Bitmex, says the collaboration with Caspian makes sense because “Bitmex employs the latest in multi-factor security, inside and out.”
Bitmex offers quite a bit of liquidity as in the last 30 days the exchange has managed to swap $3Bn in trade volume. The firm offers leveraged trading and futures for multiple cryptocurrencies and claims to have “300 percent more Bitcoin/USD liquidity than any other platform.” Robert Dykes, CEO of Caspian, believes the company can leverage the firm’s multi-factor security – which is an issue of increasing interest to the company’s target market.
“Our aim at Caspian is to drive exponential growth in crypto-trading participation amongst institutional and sophisticated investors,” Dykes explained during the announcement.
Bitmex states they have 300 percent more Bitcoin/USD liquidity than any other cryptocurrency trading platform.Caspian Has Also Partnered With the OTC Fund Octagon and the Gemini Exchange
Essentially Caspian is a joint venture tethered