Zodia Markets and Finery Markets Partner to Enhance Digital Asset Liquidity

Zodia Markets, the digital asset broker backed by Standard Chartered Bank, has announced a partnership with Finery Markets, a provider of non-custodial crypto Electronic Communication Network (ECN) and Software-as-a-Service (SaaS) trading solutions. The collaboration aims to simplify institutional access to both digital asset and fiat liquidity.

According to a joint statement released today, Zodia Markets will offer its range of FX pairs with competitive pricing and same-day (T+0) settlement capabilities to Finery Markets' clients. This is intended to provide a fast and cost-effective solution for institutions within the Finery Markets ecosystem.

The partnership will leverage Zodia Markets' Request-for-Quote (RFQ) trading method, allowing for instant price distribution to clients through a single connection point. This approach aims to reduce the need for complex technical integration, thereby lowering operational burdens and accelerating market entry for institutions seeking to execute trades.

Furthermore, Finery Markets' existing integrations with prime brokers, such as Hidden Road, will enable Zodia Markets to offer pricing and settlement services to clients across the Finery ecosystem. This streamlined process intends to eliminate the complexities of technical integration and lengthy onboarding procedures.

Mark Richardson, Chief Commercial Officer at Zodia Markets, stated, "By joining the Finery ecosystem, we're removing the operational and technical barriers that have historically slowed institutional adoption. We're making it significantly easier for a wider network of market participants to access our liquidity - securely, efficiently and at scale." He further commented that the partnership represents "a significant step forward in aligning digital asset trading with the expectations of institutional finance."

Finery Markets' recent "Crypto OTC trading report" indicated that over one-third of institutional liquidity providers anticipate the Over-The-Counter (OTC) market to expand by more than 60% in 2025, suggesting a growing demand for institutional-grade crypto trading solutions.

Konstantin Shulga, CEO and co-founder of Finery Markets, commented on the partnership, "More advanced players are entering the crypto market, seeking to reduce risks in their trading operations while expecting top-tier infrastructure. Our partnership with Zodia Markets enhances this commitment by providing robust, RFQ-based liquidity solutions."