{"id":14118,"date":"2022-10-17T22:23:52","date_gmt":"2022-10-17T22:23:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/blockfills-adds-crypto-cfds-to-flagship-platform-phoenix\/"},"modified":"2022-10-17T22:23:52","modified_gmt":"2022-10-17T22:23:52","slug":"blockfills-adds-crypto-cfds-to-flagship-platform-phoenix","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/blockfills-adds-crypto-cfds-to-flagship-platform-phoenix\/","title":{"rendered":"BlockFills adds crypto CFDs to flagship platform Phoenix"},"content":{"rendered":"

(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum & Crypto News )<\/b>
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BlockFills has partnered with Basis Capital Markets, an FCA-regulated affiliate, to offer both spot crypto assets and cash-settled contracts for difference (CFD).<\/em><\/strong><\/p>\n

BlockFills, one of the crypto industry<\/a>\u2019s fastest growing trading and financial technology providers, is looking to bring more investors into the market via its integration of digital assets CFDs (\u201ccontracts for differences\u201d).<\/p>\n

BlockFills adds cash-settled CFDs via front-end Phoenix<\/h2>\n

In an announcement on Monday, BlockFills said it would be offering the CFD product via its Software-as-a-Service (SaaS) solution Phoenix. The premier front-end platform that previously only supported spot crypto trading, is targeted for institutional investors.<\/p>\n

According to the fintech firm,\u00a0Phoenix will now support both spot crypto assets and cash-settled CFDs or the so-called perpetual futures.<\/p>\n

Nick Hammer, the co-founder and CEO of the Chicago-based company, noted in a statement that the integration is key to a market that has long sought \u201ca trading solution that combines deep liquidity in cash-settled crypto derivatives with a superior front end<\/em>.\u201d\u00a0<\/p>\n

\u201cThe appeal of trading in volatile markets without the complexity of physical settlement has already generated large amounts of interest in our offering. We expect that trend to continue<\/em>,\u201d Hammer commented via a press release<\/a>.<\/p>\n

To offer the new product, BlockFills has partnered with Basis Capital Markets, the company\u2019s FCA-regulated London-based affiliate. The institutional-focused platform will help bring the perpetual futures product to non-US institutions around the world.<\/p>\n

The company says qualified clients will have access to deep crypto CFD liquidity, available 24\/7 and with prices across multiple fiat currencies, including the US dollar, Euro, British Pound and Japanese yen.<\/p>\n

BlockFills launched in 2018 and currently offers its digital asset technology to institutional clients in more than 50 countries. In February 2022, as CoinJournal reported<\/a>, BlockFills and Nexo partnered in a deal aimed at extending prime brokerage services to leading cryptocurrency miners.<\/p>\n

In June, the company announced the listing of CME Group crypto derivatives products.<\/p>\n

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(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum & Crypto News ) BlockFills has partnered with Basis Capital Markets, an FCA-regulated affiliate, to offer both spot crypto assets and cash-settled contracts for difference (CFD). BlockFills, one of the crypto industry\u2019s fastest growing trading and financial technology providers, is looking to bring more investors into the […]<\/p>\n","protected":false},"author":13,"featured_media":14119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14118"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=14118"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/14119"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=14118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=14118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=14118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}