Hidden Road Partners is in talks with hedge funds and many of the top 20 global banks about providing access to trade or hedging their crypto risks, Bloomberg reported citing executives at the firm.
Hidden Road Partners is a prime brokerage focusing on digital assets and foreign exchange.
Last month, Hidden Road Partners completed a $50 million funding round last month that included Citadel Securities, as well as the investment arms of cryptocurrency exchanges FTX Trading Ltd. and Coinbase Global Inc.
This move by the prime brokerage startup is being seen to ease Wall Street’s entry into crypto trading by tackling counterparty …
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