The digital assets arm of liquidity and institutional trading firm MAS Group said on Tuesday that it has integrated with TP ICAP’s Fusion Digital Assets.
MAS Digital said in a statement that the integration will allow its end clients to trade with its technology and execute against Fusion Digital Assets’ liquidity.
“We are excited to partner with MAS Digital, leveraging their strong expertise in the FX market as they expand into Digital Assets,” said Chay Pollard, Director of Digital Asset E-Broking at Fusion Digital Assets.
“Their advanced client connectivity solutions will further enhance TP ICAP’s network, providing clients new ways of executing with Fusion Digital Assets.”
Fusion Digital Assets is regulated as a cryptocurrency exchange in the UK by the Financial Conduct Authority.
Currently institutions trading on the exchange can access Bitcoin and Ethereum trading against the US dollar. However, TP ICAP has said it plans on adding more digital assets to the exchange in the near future.
“We are excited to partner with Fusion Digital Assets and provide our clients with access to a well-established exchange,” said Rob Brown, MAS Group’s Head of Strategic Development.
“This represents another significant milestone in the evolution of institutional digital asset trading, combining MASDigital’s robust technology with TP ICAP’s trusted infrastructure to provide greater market access, transparency, and efficiency.”
This is the second major piece of news to come out of MAS Group this month.
Last week the company announced that it had hired ex-CMC Connect executive Olivia Zhang as Head of Sales for the APAC region.
