Definity Markets provides an institutional ECN that aggregates deep liquidity for cryptocurrencies, stablecoins, and 36 fiat currencies, offering real‑time trade matching, settlement, and an embedded AML/KYC framework. The platform connects via FIX API or web‑socket, supports custody‑agnostic post‑trade allocation, and includes integrated fiat on‑ and off‑ramps for seamless digital‑to‑traditional currency conversion.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions seeking to trade digital assets and foreign exchange face fragmented liquidity sources, complex custody requirements, and regulatory compliance burdens that hinder efficient, secure, and scalable market access.
Solution
DeFinity Markets offers a full‑stack institutional ECN that aggregates deep liquidity across major cryptocurrencies, stablecoins, and 36 fiat currencies. The platform connects to clients’ back‑office systems via FIX protocol or web‑socket, providing real‑time trade matching, settlement, and an embedded AML/KYC framework. Custody is handled through a network of licensed custodians or self‑custody via Fireblocks, ensuring flexibility and security. Integrated fiat on‑ and off‑ramps enable seamless conversion between digital and traditional currencies, while custom liquidity pools and market‑maker collaboration improve pricing and reduce slippage. Comprehensive reporting and API access give institutions full visibility and control over their digital asset operations.
Target Audience
Primary customers are institutional traders, banks, asset managers, and virtual asset service providers that require regulated, high‑volume digital asset and FX trading capabilities.
Features
- FIX API and web‑socket connectivity for low‑latency order routing and drop‑copy integration with existing back‑office workflows
- Custody‑agnostic post‑trade allocation, supporting third‑party custodians and Fireblocks self‑custody solutions
- Integrated AML/KYC and Chainalysis KYT compliance layer built into the trading venue
- Access to deep liquidity for cryptocurrencies, stablecoins, and 36 fiat currencies with custom pool creation for tailored pricing
- Built‑in fiat on‑ and off‑ramp gateway covering major currencies (GBP, EUR, USD, AUD, CHF, JPY, ZAR, MUR)
- Independent reference rate data and external mid‑rate functionality for transparent cost and NAV calculations
- Comprehensive client and market‑maker reporting with proactive liquidity management services