Algoz and Evendough Launch Institutional Crypto OTC Trading Desk
Quantitative digital asset trading firm Algoz has partnered with Evendough Holdings Ltd. to launch an over-the-counter (OTC) cryptocurrency trading desk aimed at corporations, financial institutions, family offices, and eligible high-net-worth investors.
The new service combines Algoz's algorithmic liquidity aggregation and execution technology with settlement and custody infrastructure arranged through Evendough.
Algoz said its OTC desk offers fixed real-time pricing and access to liquidity across Bitcoin, Ether, Solana, XRP, Polkadot, USDT, and USDC, together with a range of fiat currencies.
The companies are targeting institutions that want to execute large cryptocurrency transactions away from public exchange order books, where sizable orders can move prices or reveal trading intentions.