BitGo Prime adds Virtu Financial to its liquidity network

BitGo Prime, LLC, a subsidiary of BitGo Holdings (NYSE: BTGO), announced the addition of Virtu Financial (NASDAQ: VIRT) to its global liquidity network for digital asset markets.

BitGo Prime said the partnership is intended to expand liquidity access and execution quality for institutional clients through its single-platform trading service. Client assets are held in custody with BitGo Bank & Trust, National Association, an OCC-chartered digital asset trust bank, or BitGo Europe GmbH, which holds a Markets in Crypto-Assets Regulation license from the German Federal Financial Supervisory Authority.

"Clients continue to look for trusted partners that can provide deep liquidity, consistent execution, and operational reliability through all market conditions," said Adam Sporn, Head of Prime Brokerage and U.S. Institutional Sales at BitGo.

"The addition of Virtu to BitGo's network reflects Virtu's continued commitment to expanding our presence across digital assets, allowing us to increase liquidity and provide institutional clients with the competitive pricing they have come to expect across other asset classes we participate in," said Scotte Moegling, Head of Business Development for Digital Assets at Virtu Financial.

Virtu Financial provides liquidity and trading services across more than 50 countries and multiple asset classes, including equities, foreign exchange, fixed income, and cryptocurrency.

You May Also Be Interested In

• Chevron signed an agreement with Iraq's Basra Oil Company to advance commercial negotiations for West Qurna 2
• Hims & Hers chief accounting officer to resign in October
• Lindsay CFO Sam Hinrichsen to resign effective August 31