Blockchain.com, a cryptocurrency services firm, has joined TP ICAP’s spot cryptoasset exchange Fusion Digital Assets as a liquidity partner within its matched principal framework.
As part of the collaboration, Blockchain.com will integrate its institutional liquidity, allowing participants to gain access to further depth across bitcoin, ether, and XRP.
According to TP ICAP, the introduction of its matched principal model improves capital efficiency, reduces operational complexity, and aligns digital asset trading more closely with TradFi standards by allowing clients to trade without prefunding, with the firm acting as a credit intermediary.
The model also allows the platform to expand its supported tradeable assets, including stablecoins, additional cryptoasset coverage, further fiat currency pairs, and planned support for tokenised real-world assets (RWAs).
Operating hours will extend to continuous weekday trading, with weekend coverage anticipated to follow.
The partners say the initiative reflects the “growing convergence” of digital asset and TradFi markets, as crypto-native firms seek broader distribution and access to institutional trading venues.
Marc Sischka, vice president, global head of OTC Trading, says: “Joining Fusion Digital Assets as a liquidity partner under TP ICAP's matched principal framework is a natural progression in our mission to bring institutional capital to digital asset markets.”
Chay Pollard, director, digital assets e-broking at TC ICAP, says: “We are pleased to welcome Blockchain.com as a liquidity provider on Fusion Digital Assets.
“Together, we are broadening access to trusted, institutional-grade liquidity while further strengthening the bridge between traditional finance and digital assets.”