Today inter-dealer broker TP ICAP announced that the UK’s Financial Conduct Authority had licensed its crypto marketplace Fusion Digital Assets as a crypto-asset exchange.
The company only plans to offer services to institutional participants. It will use its own OTC electronic platform for trade execution and provide digital asset custody services, initially via Fidelity Digital Assets, although it plans to expand the options.
It will aggregate liquidity from leading market makers and its own client base.
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