Caspian Integrates With Deribit To Offer Cryptocurrency Options and Futures Trading
Caspian, the institutional crypto trading, portfolio and risk management platform revealed that it has integrated its platform with Deribit, the cryptocurrency futures, and options trading exchange.
As per the press release from Caspian published on March 20, Deribit has been chosen to be a part of Caspian’s ecosystem of over 30 cryptocurrency exchanges and liquidity providers. Furthermore, the firm claims that this integration has made them the first institutional platform that will offer both options and futures trading in the crypto asset class.
The post also notes that Caspian’s platform includes an order and execution management system, portfolio management system and risk management system, along with connections with major crypto exchanges and over-the-counter brokers. As per the announcement, Deribit will also support up to 100x leverage.
Last year in December, major cryptocurrency exchange OKEx also launched a crypto derivative product with support for up to 100x leverage. The eventual introduction of such products by multiple platforms suggests a rise in interest towards the cryptocurrency ecosystem, in fact, a report by digital asset management fund Grayscale Investments, released in February asserted that institutional investors provide 66 percent of capital inflow into crypto.