The institutional grade digital asset trading and portfolio management platform has announced that its native token – Caspian Token – will be listed on KuCoin.
The Singapore-headquartered exchange will be the first cryptocurrency trading platform to list Caspian’s native token.
Commenting on this development, Caspian’s CEO Robert Dykes said: “We are delighted to announce that we have chosen KuCoin to be the first exchange where we will list our CSP token. Caspian is at the forefront of digital asset management and we see KuCoin as a partner whose interests and strategy are aligned with our goal of increasing institutional participation in this space.”
Caspian’s platform is targeted towards the high-volume investment managers and traders and is offering services like order and execution management system (OEMS), portfolio management system (PMS), and risk management system (RMS). The platform offers single window access to major digital currency exchanges with services including pairs trading and smart order routing, integrated compliance engine, real-time and historical P&L and exposure tracking.
As seen on the platform’s website, Caspian is pushing for global expansion with offices in Hong Kong, Tokyo, San Francisco, Jersey, New York, Singapore, Cluj-Napoca, and Sydney.
Last year in October, the institutional grade platform completed a token sale and raised $19.5 million. The company also raised $16 million in pre-sale rounds.
Increasing Market Liqidity
The Cayman Island-registered company has also inked a deal with cryptocurrency market maker and liquidity provider B2C2
Last month, in a Jethro Glover, Head of Asia Business Development for Caspian, said: “We’re adding the OTC side of things to the platform. So, that’s where we also see the growth, in the OTC side.”
KuCoin, last year, also to allow users to buy cryptocurrency with credit and debit cards.
“Both companies are focused on institutional investors, high standards of customer service, cutting edge technology and a commitment to quality,” Dykes added.
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