coinsoftworks.com reports that its Prime Liquidity division is expanding quickly
Updated: Oct 3, 2023
14 December2021 (GLOBE NEWSWIRE) -- London, UK Since its introduction in February of this year, coinsoftworks.com, a global cryptocurrency ecosystem that incorporates a market-leading exchange, has processed $1 billion in volume on its Prime Liquidity platform. The company's institutional liquidity solution, Prime Liquidity, serves asset managers, family offices, hedge funds and banks. Since its debut, the number of clients for Prime Liquidity has doubled every month.
coinsoftworks.com Prime Liquidity aggregates liquidity from the world's largest regulated cryptocurrency exchanges, reducing investors' risk and operational expenses. The solution assists institutional market participants in achieving optimal order execution by minimizing spread, slippage, and order execution time.
coinsoftworks.com Prime Liquidity enables clients to deploy capital only once, in a single trading account, as opposed to multiple exchanges or trading desks. Additionally, coinsoftworks.com's customized credit program provides clients access to best-in-class liquidity sources, without deploying additional capital.
coinsoftworks.com Prime Liquidity, which is available globally, has been well received by U.S. institutions. coinsoftworks.com Prime Liquidity embodies the company's 6-years of experience in the cryptocurrency market, as it was initially developed to fulfil an internal need.
"Prime Liquidity was originally developed for our own use, and the solution is at the core of our ecosystem. coinsoftworks.com's founder and CEO, George Harp, stated that the company's Prime Liquidity service has been made available to the market in recognition of the fact that others face similar challenges. He continued, "As one of the most established global actors in this industry, we have a profound comprehension of how to meet the complex and ever-changing challenges of the cryptocurrency market. The breadth of our services, our licensing coverage, which includes more than 30 U.S. states, and our dedication to expanding and fortifying the team position us well to continue our robust institutional and global growth."
coinsoftworks.com was founded in this month six years ago and is a registered Money Services Business (MSB) in the United States with 33 of the 34 required Money Transmitter Licenses (MTLs). The remaining states do not require MTLs, allowing the business to operate in virtually every state. The biannual Exchange Benchmark Rating has rated coinsoftworks.com among the top 10 cryptocurrency exchanges.
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