Cypator provides institutional investors with access to deep crypto and stablecoin liquidity through a prime brokerage platform. The platform connects market makers, funds, and OTC desks, offering a secure environment to minimize counterparty risk and optimize capital efficiency across various fiat and stablecoin pairs. This enables seamless access to global digital asset liquidity with a focus on execution quality.
Funding
Funding not disclosed
Founders
Product
Problem
Institutional investors face challenges in accessing deep liquidity and managing counterparty risk when trading crypto and stablecoins, often relying on bilateral relationships that limit their reach and efficiency. The absence of a centralized, secure platform hinders seamless execution and optimal capital utilization across diverse fiat and stablecoin pairs.
Solution
Cypator operates a non-custodial Electronic Communication Network (ECN) that provides institutional-grade access to crypto and stablecoin liquidity. The platform aggregates liquidity from a wide network of OTC brokers, exchanges, and high-frequency traders (HFTs), offering a secure and familiar trading environment. Cypator's smart order router (SOR) ensures quality execution by splitting and routing orders to multiple makers, while prime brokers and custodians act as central clearing agents to handle risk and settlement. The ECN supports anonymous multi-participant trading, disclosed liquidity aggregation, and hybrid models, enabling institutions to optimize liquidity and execution strategies.
Target Audience
Cypator primarily serves institutional investors, including hedge funds, asset managers, retail brokers, and custodians, seeking secure and efficient access to deep crypto liquidity.
Features
- Anonymous multi-participant ECN centrally cleared by prime brokers for minimized counterparty risk
- Disclosed ECN for bi-lateral liquidity aggregation with selected liquidity providers
- Hybrid ECN combining disclosed and anonymous liquidity pools for maximum reach
- Smart Order Router (SOR) for optimized execution across integrated liquidity venues
- GUI and API infrastructure for streamlined trading workflows
- Liquidity-as-a-Service model, expanding liquidity with each new maker onboarded
- Real-time pre-trade credit checks with daily settlement limits and per-instrument balance checks
- Support for FIX API connectivity
- Two strategically located liquidity hubs in London and Tokyo for 24/7 access