Integral, a FX and digital asset technology company, has reportedly launched the first ever stablecoin-based crypto prime brokerage titled PrimeOne.
PrimeOne is built on the Codex Layer-1 EVM blockchain, and it allows institutional investors to trade across top crypto market makers and exchanges through a single, seamless account.
This actually means that you no longer have to juggling multiple relationships or navigate endless red tape, which is seen as novel and revolutionary.
Instead, you can now easily onboard with a single AML/KYC check, eliminating credit requirements.
In fact, on-chain infrastructure of crypto prime brokerage allows you to have more control over your assets.
Why Does Stablecoin Crypto Prime Brokerage Matter?
Launched at a time when institutional adoption of cryptocurrency is skyrocketing, PrimeOne blends with the agility of decentralized finance.
It leverages stablecoins and real-time margin exchange, it prevents defaults from rippling through the system.
The platform’s ecosystem aims to offer superior liquidity, streamlined operations, and drastically reduced capital and credit exposure.
Harpal Sandhu, CEO of Integral says it’s delivering institutional crypto services designed to last.
“As institutional adoption of crypto accelerates, the lack of accessible credit has been the final frontier’, he said.
“With PrimeOne, we’re bringing our battle-tested infrastructure, powering over $1 trillion in monthly FX trading to the digital asset space.”
“This is about reducing risk, cutting costs, and supercharging confidence in crypto trading”, he added.
Industry Titans Weigh In
Reports indicate that giants like Virtu Financial and Europa Partners are jumping on the bandwagon.
Scotte Moegling of Virtu Financial called PrimeOne a “game-changer,” highlighting its ability to deliver competitive pricing with minimal risk.
Meanwhile, Peter Wisniewski, Managing Partner at Europa Partners, echoed similar sentiment.
