Since its Q2 2023 launch, Cypator has rapidly grown as an institutional crypto ECN, offering anonymous spot trading with deep liquidity, lower counterparty risk, and seamless settlement through its partnership with Hidden Road.
Tel Aviv, September 11, 2023 – Cypator Inc., an institutional-grade Electronic Communication Network (ECN) for digital asset trading, is seeing strong adoption just months after launching in Q2 2023. Over 20 institutional participants are now live or onboarding, with another 50 in advanced contract discussions. The platform has already cleared more than 100,000 crypto trades through its partnership with prime broker Hidden Road.
Cypator operates as an execution-only ECN for anonymous spot crypto trading. Combined with external prime brokerage, the platform fills a critical gap in digital asset infrastructure by offering:
This model reflects what has long worked in traditional finance and is gaining momentum in crypto, especially as institutional OTC trading continues to grow since late 2022.
Cypator’s growth is supported by a rise in OTC Market Makers (Liquidity Providers) and increasing demand from Takers looking for flexible, non-custodial access to liquidity.
The ECN structure, successful in the foreign exchange markets since the early 2000s, offers anonymous trading, access to broad liquidity pools, and scalable infrastructure. These benefits are now being applied to digital assets.
“We are pleased with the strong response since launch,” said Ayal Jedeikin, CEO and Founder of Cypator. “Institutions are starting to understand the value of an efficient, proven model from traditional finance that fits the fast-moving world of crypto. With our robust and scalable technology, Makers and Takers can now trade efficiently without needing direct relationships or onboarding with each other.”
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Cypator ApS is registered with the Danish Financial Supervisory Authority (FSA) as a Virtual Asset Service Provider.
