Zerocap expands insto crypto trading capabilities

Zerocap, the Smorgon family-backed crypto currency investment platform, has announced a new partnership to scale its institutional crypto and foreign exchange (FX) trading capabilities.

Under the new partnership, currency technology provider Integral offers Zerocap a single, out-of-the-box point of connectivity to a broad network of liquidity providers across both digital assets and fiat currency markets, it said

The integration of Integral's pricing engine will also offer "more accurate, real-time" cross-currency pricings. With configurability as a key requirement, as both have worked closely to create customised liquidity pools, ensuring broad connectivity, the investment platform said.

Furthermore, Zerocap receives enhanced access to the liquidity for fiat currency conversion, which is valuable for the continued rise in digital asset trading across the Asia Pacific region.

The flexibility of the platform also eased integration with other back-office providers, such as Elysium, supporting all Zerocap's operational processes, Zerocap said.

As a result, Zerocap can help clients manage risk exposure and navigate digital asset volatility with greater confidence and precision with a systematic risk management tool that fully automates risk controls essential for institutional workflows.

Commenting, Zerocap chief investment officer Jon de Wet said the integration places the platform in good stead amid the heightened demand for institutional digital assets.

"Integral Digital gives us unified access to deep digital asset and fiat liquidity, real-time cross-currency pricing and automated risk controls in a single platform, so we can price faster, execute with greater accuracy and keep scaling our institutional franchise without compromising on controls," de Wet said.

Meanwhile, Integral chief executive Harpal Sandhu added: "Zerocap's decision to adopt Integral Digital highlights the growing demand for proven, agile trading technology among institutions exploring the huge opportunity in crypto markets."

"Built on deep expertise across both traditional and cryptocurrencies, we understand the needs of firms like Zerocap that require access to dynamic, sophisticated trading functionalities in a centralised and user-friendly workflow.

"We're proud to support Zerocap in enabling their clients to seamlessly access liquidity and manage risk with confidence, helping them make the most of opportunities within digital asset markets."

Zerocap has been serving institutions and sophisticated investors since 2017 and reccevied backing from the Victor Smorgon Group in 2021. The firm also participated in Project Acacia, which has completed its research phase earlier this year.