DeFinity operates an institutional digital asset ECN and DeFi marketplace that provides liquidity across major digital assets and fiat currencies through a custody-agnostic platform with FIX API access. The platform minimizes counterparty settlement risk and enables near-instant intraday settlement, addressing the need for efficient trading solutions in the evolving digital asset landscape.
Funding
Funding not disclosed
Founders
Product
Problem
Institutional traders in the digital asset space face challenges related to fragmented liquidity, counterparty settlement risk, and the need for efficient fiat on/off ramps. Existing solutions often lack the infrastructure required for near-instant settlement and custody-agnostic trading.
Solution
DeFinity provides an institutional-grade electronic communication network (ECN) and DeFi marketplace for trading digital assets and fiat currencies. The platform offers access to liquidity from multiple market makers via a FIX API, enabling seamless integration with existing trading infrastructure. DeFinity minimizes counterparty risk through its custody-agnostic architecture and facilitates near-instant intraday settlement. An integrated fiat gateway supports on/off ramps in major currencies.
Target Audience
DeFinity targets financial institutions seeking to diversify their portfolios with digital assets, including hedge funds, proprietary trading firms, and banks.
Features
- FIX API connectivity for integration with institutional trading systems
- Custody-agnostic architecture supporting multiple custodians and self-custody via Fireblocks
- Support for Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Cardano (ADA), Tether (USDT), and USD Coin (USDC)
- Integrated fiat on/off ramp supporting USD, EUR, GBP, CHF, and MUR
- Standardized public rulebook covering governance, access, data protection, and market integrity
- Anomaly detection tools powered by Axyon AI to identify unusual price behaviors and potential volatility events
- Support for deliverable T+0 FX trading across 38 base currencies