DeFinity: Partners with leading market infrastructure provider Cobalt
- DeFinity is an institutional digital asset ECN and DeFi marketplace for fiat Foreign Exchange, Cryptocurrencies
- Partners with Cobalt, a market infrastructure provider focused on re-engineering the institutional FX
- Currently, digital assets are at the identical point of evolution that Fiat FX was in the 1980s with large bid/offer spreads
- The partnership provides an enterprise solution for digital assets to interact with traditional FX counterparties
- The asset custody or credit intermediation functions are kept at arms-length with trustworthy counterparties
- The combined technology of both companies will enable clients to leverage the processes of capital markets for digital asset trading
