Bitstamp and LTP Collaborate to Deliver Improved Liquidity and Trading Solutions for Institutions

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Veronika Rinecker

Editor

Veronika Rinecker

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Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been…

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Bitstamp, a cryptocurrency exchange, and LTP, a digital asset broker, have partnered to offer institutional clients enhanced trading solutions and greater access to liquidity.

This collaboration will provide LTP’s clients with simplified access to Bitstamp’s extensive liquidity pools, including lending and credit line solutions.

According to a press release shared with CryptoNews, LTP plans to provide top-notch trading infrastructure for institutional investors in the crypto space, and this partnership with Bitstamp is a key part of that.

“By accessing Bitstamp’s liquidity pools and leveraging the Post-Trade Settlement function, our clients are able to manage their assets more flexibly and efficiently,” said Jack Yang, founder and CEO at LTP.

Additionally, Bitstamp and LTP will continue to work together and “explore innovative solutions to enhance the digital asset trading ecosystem.”

Bitstamp Secures MTF License

Founded in 2011, Bitstamp is one of the world’s oldest cryptocurrency exchanges.

In October this year, Bitstamp received a MiFID Multilateral Trading Facility (MTF) license from Slovenia’s Securities Market Agency. Under the license, Bitstamp is authorized to offer crypto derivatives like perpetual swaps and expand into trading stocks, commodities, bonds, and structured products.

In June, Bitstamp was acquired by United States-based fintech Robinhood in a $200 million deal. The deal, expected to close in early 2025, seeks to expand Robinhood’s crypto offerings and global reach, particularly in Asia, the United Kingdom, and the European Union.

However, earlier this year, Robinhood has faced challenges in its attempt to expand its crypto offerings. In May, the company received a Wells notice from the U.S. Securities and Exchange Commission (SEC) alleging securities violations related to its crypto business.

Traditional Finance Embraces Crypto

As institutional investor interest in digital assets continues to grow, more traditional exchanges and brokers are launching crypto-related products to meet this demand.

A prime example of this trend is the Chicago Mercantile Exchange (CME) Group, which debuted its Bitcoin Friday Futures (BFF) in late September. The BFF experienced a record-breaking first day, with over 31,498 contracts traded across two contract weeks.

On Nov. 25, MIAX Sapphire Options Exchange submitted revised rules to start listing options on three Bitcoin exchange-traded funds (ETFs): Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB).

The move follows similar listings by major exchanges such as Nasdaq, Cboe and NYSE, which are also expanding options trading for crypto ETFs.

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