- The product is called Ledger Enterprise Tradelink
- The solution will provide control, security, flexibility and management of digital asset trading
- The company has a number of partner firms, including Crypto.com, Bitstamp, Huobi and Wintermute
The hardware wallet maker Ledger is launching an open, enterprise-level trading platform for institutions. The new network, known as Ledger Enterprise Tradelink, has already attracted a number of broker partners and crypto exchanges, including Crypto.com, Bitstamp, Huobi and others.
Pascal Gauthier, CEO of Ledger, said:
“Our team is working on an advanced solution that will give Ledger Enterprise customers maximum flexibility and reliability, allowing institutions to reduce their business risks.. This robust security framework will be used to reduce counterparty risk and enable custodial trading by institutional investors.”
The company statement describes several benefits of Ledger Enterprise Traderlink:
- Over-the-counter trading;
- Higher security and transparency;
- Risk sharing;
- Optimization of transactions;
- Zero transaction fees;
- Faster and more efficient trading.
At launch, the exchange will have a broad network of wholesale partners, including asset management companies such as Laser Digital and Hodl Group; custodial institutions such as Komainu, TetraTrust, Etana, Crypto Garage, Damex and Kryptodian; and exchanges and other types of brokers, including Crypto.com, Bitstamp, Huobi, Uphold Institutional, CEX.IO, Wintermute, Coinsquare, NDAX, Damex, Bitazza, Flowdesk and YouHodler.