Flowdesk Expands Institutional Offerings
Flowdesk has launched a specialized institutional credit desk, enhancing its services in the realm of digital assets as traditional financial institutions look for improved methods to leverage and access capital in the cryptocurrency sector.
What you need to know:
- The newly launched credit desk combines lending, borrowing, and structured credit into Flowdesk’s existing OTC and liquidity systems.
- This move comes on the heels of Flowdesk securing over $100 million in funding to expand its trading and liquidity capabilities.
Market maker Flowdesk aims to meet the needs of sophisticated institutional traders who are on the lookout for structured credit products to manage liquidity, reduce risk exposure, and yield returns across diverse markets.
Reed Werbitt, Flowdesk’s U.S. CEO, stated, “Institutions trading digital assets require more than just efficient execution; they need tools to unlock capital and structure strategies with precision.”
The launch of the credit desk directly integrates into Flowdesk’s OTC and liquidity offerings, further positioning the firm as a leader amid the growing interest in digital assets from U.S. institutions.
Guilhem Chaumont, the co-founder and Global CEO of Flowdesk, expressed the firm’s mission to provide high-quality trading solutions tailored to the digital asset sector, aimed at expanding access to advanced strategies and risk management for a wider range of institutional clients.
This strategic enhancement reflects the ongoing shift towards increased institutional engagement in digital markets, particularly as regulatory support from the White House strengthens.
In 2023, during a challenging regulatory environment, Flowdesk took the bold step of expanding its U.S. operations while others opted to move abroad, underscoring its belief in the potential of the U.S. capital markets.
