Ledger, a crypto hardware wallet manufacturer, is launching an institutional trading platform. This move comes only a week after the company released the white paper for its upcoming seed recovery tool.

Ledger Partners With Multiple Crypto Exchanges To Introduce Tradelink

On Wednesday, June 28, Ledger announced its foray into the institutional trading technology space with the first open custodial trading network, Tradelink. The firm disclosed in a blog post that this new platform would operate via specific exchange and custodial partners.

The Tradelink network will be supported by a wide array of partners, including crypto exchanges and Over The Counter (OTC) brokers, such as Crypto.com, Bitstamp, Huobi, CEX.IO, Wintermute, Coinsquare, and so on. Other partners include asset managers like Laser Digital and Hodl Group and digital asset trading platforms like Wyden.

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According to Ledger’s announcement, Tradelink is an enterprise-grade platform providing distinctive custody, protection, flexibility, and transparency over an institution’s digital asset trading. “We are creating a future-proof solution that will give Ledger Enterprise customers flexibility and security, allowing institutions to de-risk their businesses,” said Sebastien Badault, Ledger’s VP of Enterprise Revenue.

Tradelink will offer several features, including off-exchange trading, improved security and transparency, risk distribution, faster and more efficient trading, and zero transaction fees. “Ledger’s innovative Trading Operation technology not only heightens security but also fosters a regulation-friendly landscape for institutional trading,” Eric Anziani, President & COO of Crypto.com said in a statement.

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Author: Opeyemi Sule

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