Coinhako, a leading Singapore-based digital asset platform, has announced that it will be joining Fusion Digital Assets, TP ICAP’s FCA registered UK-based wholesale spot cryptoasset exchange.

Coinhako will be joining Fusion Digital Assets as trading counterpart, providing and consuming liquidity on the exchange. The collaboration will see the integration of Coinhako’s advanced trading and liquidity solutions with Fusion Digital Assets, helping facilitate risk exchange and increase liquidity in response to the growing demand of the wholesale market.

Kelvin See, Head of Trading at Coinhako said,

“This announcement aligns Coinhako with a significant increase in institutional adoption of cryptocurrencies, spurred by the formation of digital assets as a standalone investment class. As institutional investors increasingly seek portfolio diversification through cryptoassets, the requirement for platforms capable of handling increased order sizes in the wholesale market becomes paramount. For sophisticated investors and trading firms, liquidity, transparency and price slippage are crucial considerations, and this partnership will cater to those needs and will help drive further adoption.”

Simon Forster, Managing Director, TP ICAP Digital Assets said,

“2024 was a watershed moment for the cryptoasset class: the year that the wholesale market truly began to take permanent shape. Fusion Digital Assets is built to offer institutional clients a reliable platform to access high-quality liquidity, positioning us to capitalize on the growth of the wholesale crypto market. Adding a partner of Coinhako’s calibre is another important step forward in the growth of our exchange and paves the way for an even stronger and more promising 2025.”

About Coinhako

Founded in 2014 by Yusho Liu and Gerry Eng, Coinhako is licensed by the Monetary Authority of Singapore and registered with the Financial Services Commission of the British Virgin Islands to provide digital asset token related services to Retail, High Net-Worth and Institutional investors. The company offers SGD and USD trading spot pairs for over 100+ cryptocurrencies, as well as access to options, structured products, and OTC services (subject to related applicable regulatory requirements) to meet all your trading needs.

Coinhako is backed by prominent investors, including Tim Draper, along with established venture capital firms such as Boost VC, Jump Capital, Vina Capital, SBI Holdings, Sygnum Bank, and Azimut Investment Management.