
Integral, a global leader in FX and digital asset technology, announced the launch of PrimeOne, the world’s first stablecoin-based crypto prime brokerage. Built on the Codex Layer-1 EVM blockchain, PrimeOne delivers institutional-grade credit, trading, and net settlement in a single, integrated platform.
PrimeOne allows clients to trade with leading crypto market makers and exchanges through a single account – eliminating the need to maintain separate relationships across venues. Clients benefit from faster time to market, streamlined onboarding with just one AML/KYC check, and no credit requirement.
Unlike traditional models, PrimeOne’s on-chain infrastructure ensures clients retain control of their assets at all times. As open positions change in value, USD stablecoin-based margin automatically moves between counterparties’ wallets in real time, virtually eliminating counterparty credit risk. Trading limits are dynamically set based on margin balances held by PrimeOne participants.
The result is a complete trading ecosystem that offers superior liquidity, improved operational efficiency, and dramatically reduced capital requirements and credit exposure.
Launched at a pivotal time of accelerating institutional adoption, PrimeOne combines the resiliency of institutional-grade infrastructure with the innovations of decentralized finance. By leveraging stablecoins and real-time margin exchange, PrimeOne prevents defaults from cascading across participants—delivering a more resilient, democratized credit network.
Harpal Sandhu, CEO of Integral, commented: “As institutional adoption of crypto accelerates, the lack of accessible credit remains the last major hurdle to widespread participation. As the technology provider powering more than $1 trillion of FX trading monthly, Integral is now bringing our best-in-class infrastructure to DeFi. PrimeOne reduces risk, cost, and complexity while unlocking liquidity, profitability, and confidence in crypto trading.”
Scotte Moegling, from Virtu Financial, also said: “We are strong proponents of the emergence of the blockchain technology, and PrimeOne exemplifies the powerful democratizing capabilities that it delivers. PrimeOne will enable investors access to greater competitive pricing with less risk, unlocking significant growth potential for crypto trading on the platform.”
Peter Wisniewski, Managing Partner of Europa Partners, added: “PrimeOne is a gateway to the future of credit in cryptocurrency markets. The ease of setup, speed of onboarding, and access to liquidity will allow us to trade more profitably, more efficiently and at lower costs. This will help us deliver higher returns and capitalize on unprecedented opportunities in cryptocurrency markets.”
Source: Integral