Asian cryptocurrency liquidity provider Tilde is working with TradAir, a platform solution provider for institutional FX and cryptocurrency trading, to introduce electronic cryptocurrency trades among institutional investors in Asia. The firm says the collaboration will enable Tilde clients to trade a “multitude” of cryptocurrencies through TradAir’s personalised and intuitive platform, making trading more efficient and secure.

Tilde is an OTC cryptocurrency trading service and market maker launched byAsian proprietary trading firm Grasshopper in July 2018. It says it aims to bring high standards of integrity, pricing efficiency and execution to cryptocurrency trading on behalf of institutions, hedge funds, and family offices, while applying Grasshopper’s expertise in liquidity provision and technology to the cryptocurrency and post-ICO markets.

The deal is TradAir’s first cryptocurrency white labelling partnership in Singapore. Tilde customers will be able to trade a full suite of cryptocurrencies, including niche pairs, through an HTML5 cryptocurrency native trading platform. TradAir’s suite of analytical tools will also allow effective monitoring of customer credit and trade risk.

“As the cryptocurrency market matures and institutional investors become more involved, we want to facilitate the trading process by maximising efficiency while minimising risks in their interactions with OTC desks,” says John Lin, founder and CEO of Grasshopper and Tilde. “TradAir’s platform is intuitive and with Tilde it offers best execution that delivers an exceptional trading experience. We are excited about the partnership and look forward to transforming the cryptocurrency trading arena for our clients.”