Technology Will Help Institutions Access Liquidity in Digital Asset Markets 24/7
BlockFills, a fast-growing global cryptocurrency and digital asset technology company, announced the release of Phoenix, a first-of-its-kind SaaS crypto interface designed for institutional clients to access the company’s proprietary cryptocurrency trading technology and liquidity.
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Phoenix arms institutions with the technology they need to enter the digital asset and cryptocurrency space at an accelerated pace with unmatched security, functionality and reliability. Unlike retail exchanges, the new platform enables digital market participants to access BlockFills’ deep, executable liquidity 24 hours a day, seven days a week.
“Phoenix is the future of institutional digital asset investing. It gives institutions access to the most advanced technology platform available, allowing them to make secure, efficient and accurate investments with confidence 24/7,” said Nick Hammer, co-founder and CEO of BlockFills. “Our team noticed a gap in the technology available – other crypto platforms frequently crash, provide subpar customer service, execute orders at different price points, or generally have poor tech design. Based on our decades of experience in institutional trading, we knew there could and should be a better option. So, we launched Phoenix.”
With the new platform, investors have access to the following capabilities:
- Desktop, Mac-native, web and mobile-friendly platform versions, so investors can trade on any device, anywhere, 24×7
- Virtually limitless choices of studies, drawing tools, and a completely customizable user-interface
- Volume-weighted average price (VWAP), volume profile, order flow, real-time market cap, correlation matrices, heatmaps and more
- On-chart trading and advanced trading capabilities such as server-side OCO (“order-cancel-order”) commands
- Real-time on-chain network data such as difficulty and hash rate, analytics, and detailed data export capabilities
- Deep liquidity supported by battle-tested infrastructure
- All the bespoke technical services that BlockFills is known for industry-wide
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Phoenix is the latest addition to BlockFills’ growing SaaS ecosystem, which has set a new benchmark for quality of execution–both for liquidity providers and professional consumers. The company, founded in 2018, introduced its software division in the first quarter of 2021 with two breakthrough solutions, called “Vision” and “Zephyr,” allowing institutional trading businesses to enter the digital asset market efficiently and reliably.
While many traditional institutions and enterprises are preparing to build capabilities to trade and invest in crypto, the Chicago-based startup is on a mission to be the go-to digital asset firm for institutional clients looking to adopt cryptocurrency or implement digital asset management as part of its service offerings.
“Already, hedge funds, asset managers, proprietary trading groups, investors, brokers and corporations have realized the power of Phoenix, and for any institutions looking to make cryptocurrency investments or manage digital assets for the first time, Phoenix is ready to help,” added Hammer.
Phoenix is currently available to new and existing BlockFills customers.
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