CQG, NUTS Finance Launch Optio Research to Develop Institutional Cryptocurrency Infrastructure and Trading Solutions

Joint Strategic Funding Funds New Web3-based Innovation Lab

CHICAGO and SINGAPORE, Oct. 27, 2022 /PRNewswire/ — CQG, a number one international supplier of high-performance expertise options for market makers, merchants, brokers, industrial hedgers and exchanges, and NUTS Finance, a blockchain growth lab, introduced right now that they’ve simply launched “Optio Analysis,” a state-of-the-art Web3-based innovation lab centered on creating decentralized cryptocurrency infrastructure and buying and selling options for institutional traders. The initiative is the product of a joint strategic funding by CQG and NUTS Finance, designed to bridge the worlds of conventional finance (TradFi) and the fast-growing decentralized finance (DeFi) house, and leveraging the experience and expertise each corporations and their executives deliver to bear.

Main the newly established Optio are CQG executives Kevin Darby and Benjamin Soong, together with NUTS Finance co-founders Terry Lam and Daniel Tang. CQG CEO Ryan Moroney serves as a strategic advisor and member of the Optio Board of Administrators.

Moroney stated: “We’re really excited in regards to the launch of Optio. Positioning ourselves on the forefront of monetary expertise growth has at all times been an integral a part of CQG’s mission, and the corporate has been rigorously cultivating an growth technique to serve the rising demand for cryptocurrency as a brand new asset class for our present and potential purchasers. As extra institutional purchasers transfer towards Web3 blockchain-driven expertise, Optio provides CQG the chance to speed up our footprint and play a number one position within the fast-growing digital asset house. We’ve labored carefully with Terry and Daniel over the previous a number of years and have the utmost confidence within the mixed crew’s experience and execution capacity to rapidly set up Optio Analysis not solely as a trademark identify in DeFi and Web3 however as a dependable companion to the institutional investor neighborhood.” 

Lam stated: “Over the previous couple of years, we have now seen the crypto market develop quickly. Nonetheless, it’s evident that the workflow and infrastructure for institutional traders continues to be at a nascent stage. By means of Optio, our partnership with CQG and collective expertise in derivatives buying and selling expertise and Web3 growth give us the chance to be market leaders in creating a variety of options that won’t solely enhance the present person expertise, but in addition act as a catalyst to speed up adoption into this rising asset class by conventional monetary establishments.”

Optio Analysis’s first main venture can be introduced within the coming weeks.

About CQG

CQG supplies the trade’s highest performing options for merchants, brokers, industrial hedgers and exchanges for his or her market-related actions globally, together with buying and selling, market knowledge, superior technical evaluation, danger administration, and account administration. The agency companions with the overwhelming majority of futures brokerage and clearing corporations and supplies Direct Market Entry (DMA) to greater than 45 exchanges by its international community of co-located Hosted Alternate Gateways. CQG expertise serves because the entrance finish for quite a lot of exchanges and is more and more employed because the over-the-counter matching engine for essential new markets. CQG’s server-side order administration instruments for spreading, market aggregation, and good orders are unsurpassed for velocity and ease of use. Its market knowledge feed consolidates 85 sources, together with exchanges worldwide for futures, choices, mounted earnings, international trade, and equities, in addition to knowledge on debt securities, trade stories, and monetary indices. One of many longest-serving expertise options suppliers within the trade, CQG has received quite a few awards for its buying and selling software program, technical evaluation and multi-asset buying and selling platform. CQG is headquartered in Denver, with 16 gross sales and help workplaces and knowledge facilities in key markets globally. For extra info, go to www.cqg.com.

About NUTS Finance

Organized in 2018, NUTS Finance is a blockchain growth lab centered on constructing safe, composable and open-source expertise to allow monetary purposes on the blockchain. NUTS Finance’s core crew consists of engineers, traders, cybersecurity consultants and established entrepreneurs. Rooted in an open, international and blockchain-agnostic method, NUTS Finance’s mission is to ship by a number of initiatives the working parts that may assist form the rising crypto financial system. www.nuts.finance 

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SOURCE CQG; NUTS Finance