CRX Trade Launches Unified Platform for Crypto and Traditional Markets

CRX Trade, a Swiss-based institutional prime brokerage for digital assets, has launched a platform that allows hedge funds and trading firms to trade across leading crypto exchanges and traditional US markets from a single account. Based in Zug, Switzerland's 'Crypto Valley,' the company connects clients to major international exchanges like Binance, Bybit, Gate, and Hyperliquid, as well as traditional venues such as CME Group and Nasdaq.

The platform, powered by CoinRoutes technology, enables clients to post bitcoin, stablecoins, or tokenized gold as a single pool of collateral for trading across ten connected venues. This eliminates the need for separate deposits and different providers for trading, custody, and risk reporting, streamlining operations for institutional investors.

Eamon Comerford, Managing Director of RAS Capital GmbH, which operates CRX Trade, emphasized the growing need for such infrastructure. 'Professional investors increasingly see digital assets and traditional securities as one opportunity set, but the infrastructure has not kept pace,' he said. The platform combines trading, collateral, and custody under one roof, offering continuous revaluation of assets against live market prices.

CoinRoutes, recognized this year as Algorithmic Trading Solution Provider of the Year and Risk Management Software of the Year at the Hedgeweek Global Digital Assets Awards, provides the underlying technology. The platform has handled over $700 billion in lifetime notional volume and recently added support for tokenized equities and options trading on Deribit.