Gold-i has launched Crypto Switch™ 2.0, providing brokers worldwide with a fully cleared cryptocurrency product and a cost-effective, efficient means of accessing multiple cryptocurrency market makers who can provide deep pools of liquidity as a CFD or physical asset.

The innovative technology firm has partnered with clearing house, FXCH, to enable brokers to fully hedge their crypto flow and has integrated its Crypto Switch^TM with four of the biggest global cryptocurrency market markers, B2C2, Bluefire Capital, DV Chain and Hehmeyer.

This latest development from Gold-i is a significant evolution of its award-winning Crypto Switch^TM which enables brokers using Gold-i’s Matrix, MT4 Bridge or MT5 Gateway to access leading global Crypto Exchanges and Liquidity Providers for pricing and trading. As Crypto Switch^TM 2.0 provides a fully cleared solution, brokers only need to place funds with a single entity, transforming the opportunity for them to offer aggregated cryptocurrency liquidity to their clients and enabling them to fully hedge their risk.

Tom Higgins, CEO, Gold-i explains, “FXCH is a cryptocurrency clearing house - it acts like a Prime Broker does in the FX world. Using Crypto Switch^TM 2.0, brokers can deposit funds with FXCH who becomes their counterparty and gives up the trades like a PB, managing the risk for brokers and minimising exposure with each of the cryptocurrency market makers.

“With Crypto Switch^TM 2.0 we have created a model for brokers to have access to both physical and CFD cryptocurrencies which can be aggregated and cleared – a model which benefits the whole Gold-i Matrix NETwork.  It opens up previously inaccessible revenue streams for “Crypto Prime Brokers” who can redistribute cryptocurrency liquidity as their own. Market makers benefit by getting flow into their business for their crypto trading and the exchanges get the trading from their market makers. It’s a scalable model on a global basis and no one else in the MetaTrader world is doing this.”