UK-based brokerage firm Sequant Capital has entered into a strategic partnership with the cryptocurrency exchange HitBTC. This partnership will allow the clients of the brokerage firm to have better accessibility of the crypto market.
Moreover, the professional traders in of HitBTC will also get direct market access to crypto assets through Sequant Capita.
Sequant Capital is a regulatory compliant exchange registered with the Financial Conduct Authority in the United Kingdom. However, the location of HitBTC is not known.
Mentioning this partnership, Sequant Capital’s founder and CEO George Zarya said: “Our aim is to solve many of the issues that cryptocurrency traders are currently experiencing and to reserve a place at the forefront of the civilized regulation process. The FCA sets a high bar for financial regulation in the UK, and by applying that high standard to our operating model with HitBTC, we aim to increase trust and stability.”
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To all investors depositing a minimum amount of 100 BTC or 1000 ETH, Sequant Capital will provide cold storage options to ensure the safety of their funds.
“For investors in traditional markets or those who already have exposure to cryptocurrencies but are lacking the professional ‘high-touch’ service that would let them trade large blocks in confidence, our initiative is a big step forward,” he added.
HitBTC is one of the top ten cryptocurrency exchanges in the world in terms of trading volume. With more than 500 trading pair options, the exchange registered around $360 million in trading volume, according to CoinMarketCap.com.
“We have noticed an increasing demand for personal services from high net worth traders in strategic regions — with London topping this list. As a response to this demand, our valued customers now have a dedicated service company in London with a strong focus on their needs, and we look forward to the greater level of service this partnership with Sequant Capital will bring,” Sophia Miller, CMO of HitBTC added. “The crypto market is still catching up with the level of service and codes of conduct that are so well established in the world of traditional trading, and while we are elaborating the most stable and efficient technological product in its class, this service, fostered by our partners, will no doubt be of interest for HitBTC customers across the world.”