Flow Traders Rolls Out 24/7 OTC Platform for Tokenized Assets

Flow Traders Rolls Out 24/7 OTC Platform for Tokenized Assets
Table of Contents

TL;DR:

  • Flow Traders launched an OTC service for tokenized assets with 24/7 liquidity, targeting institutional counterparties worldwide.
  • The platform covers tokenized money market funds, equities and commodities, including Franklin Templeton’s BENJI fund and Tether Gold.
  • Thomas Spitz, CEO of the company, noted that tokenization could be one of the next steps in the evolution of capital markets.

Flow TradersĀ officially launchedĀ a digital asset OTC serviceĀ with two-way liquidity around the clock, seven days a week. Its offering coversĀ tokenized fundsĀ across money markets, equities and commodities, and specifically targets institutional demand that extends beyond the conventional hours of traditional markets.

Among the assets already available are theĀ BENJI fundĀ fromĀ Franklin Templeton, a tokenized money market vehicle, andĀ Tether GoldĀ (XAUā‚®), the on-chain representation of physical gold. The selection made by Flow Traders responds directly to institutional interest in instruments that combine exposure to real-world assets with the operability of blockchain infrastructure.

Activity in secondary markets for tokenized equities and commodities already extends regularlyĀ outside standard trading hours. In some large-cap U.S. names, the notional volume of these markets has reachedĀ between 2% and 3% of the volume recordedĀ on primary exchanges, according to Thomas Spitz, CEO of Flow Traders, upon presenting the service.

Flow Traders Designed an Infrastructure Built for Continuous Risk

The company’s digital asset OTC desk offers enabled counterpartiesĀ two-way quotes on a continuous basis,Ā using risk controls designed for non-standard market conditions. Clients canĀ hedge tokenized exposures against fiat currencies orĀ stablecoinsĀ through standard OTC workflows and transparent settlement processes. Access is available via direct FIX connectivity, order management and execution systems, electronic communication networks and traditional assisted execution channels.

flow traders

Paolo Ardoino, CEO of Tether, endorsed the launch and stressedĀ the importance of continuous liquidity for assets such asĀ XAUā‚®.Ā “Liquidity providers like Flow Traders play a fundamental role inĀ ensuring that tokenized assets can be traded efficiently across different platformsĀ and reach a greater number of clients,” he said. Product coverage will expand based on client feedback, regulatory approvals and the platforms enabled in each jurisdiction.

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