Fusion Digital Assets, TP ICAP Group’s FCA-registered cryptoasset exchange, announced it has surpassed $1 billion in notional traded volume across its spot Bitcoin and Ether order books in the month of September. This significant milestone underscores the growing demand from institutional clients for regulated, secure, and reliable access to the digital asset market.

Simon Forster, Managing Director, Global Co-Head of Digital Assets: “The digital asset landscape is at a critical inflection point, evolving from a niche asset class into a core component of the global financial ecosystem. This transition driven by more sophisticated trading participants requires institutional-grade infrastructure built on the foundations of liquidity, transparency, and trust – precisely what we’ve built with Fusion Digital Assets.

“Looking ahead, we are uniquely positioned to scale by opening Fusion Digital Assets to TP ICAP’s entire global client base as they come online to digital assets. Our APIs and operating model are designed to be asset-agnostic, ready to support on-chain assets like stablecoins. We are focused on enhancing our product, prioritizing capital and operational efficiency, whilst preparing for the tokenization of traditional assets – an area where we anticipate significant opportunity given TP ICAP’s existing footprint across markets.”

The platform’s success highlights the effectiveness of its design, which combines TP ICAP’s established expertise in operating trading venues with institutional-grade custodial capabilities from independent third-party custodians. It provides diversified liquidity from top market makers and TP ICAP’s global client base, all within a robust and compliant framework that mirrors traditional financial markets.

Source: TP ICAP