OKX has introduced that its on-demand institutional Liquidity Market buying and selling quantity exceeded $1 billion in 2023.
OKX, the Ninth-largest crypto alternate by buying and selling quantity in response to CoinMarketCap, has introduced that its institutional on-demand liquidity community, Liquid Market, has exceeded $1 billion this 12 months.
The OKX Liquid Market is designed to supply institutional traders deep liquidity and entry to varied digital property buying and selling methods corresponding to futures spreads, giant choices block trades, and extra.
Commenting on the event, Lennix Lai, Managing Director of World Institutional at OKX, famous that the success of the OKX Liquid Market may very well be attributed to its sterling options, corresponding to superior price constructions and streamlined execution of superior buying and selling methods.
“Our goal is to change into the go-to venue for institutional merchants by listening to their wants and leveraging our technical experience creativity and product design to construct the very best platform for his or her wants.”
Lennix Lai, managing director of worldwide institutional at OKX
In associated information, OKX introduced final week that it will launch about $157 million in frozen funds linked to the disgraced Sam Bankman-Fried’s FTX and its sister platform Alameda Analysis, to debtors.