TP ICAP To Launch Bitcoin Trading Platform

TP ICAP, the world’s largest interdealer broker, will launch a bitcoin trading platform in partnership with Fidelity Digital Assets and Zodia Custody later this year, reported Deal Street Asia.

“Investor interest in this new asset class has exploded dramatically in the last six to eight months,” said Duncan Trenholme, co-head of digital assets at TP ICAP, per the report. “In most of our conversations with clients, they want a separation of custodial roles from execution capabilities which is the opposite to the models that exist currently.”

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