Digital infrastructure provider Colt Technology Services (Colt) has entered into a strategic alliance with AsiaNext, the global institutional-grade digital asset exchange. The partnership will allow AsiaNext to take advantage of Colt’s advanced digital infrastructure solutions, including its Multicast Market Data in the Cloud and PrizmNet, and will enable high frequency trading across a range of digital assets and crypto derivatives.
By offering integrated services for digital assets, including listing, trading and post-trade processes, AsiaNext aims to ensure that institutional investors can trade digital assets securely, unlock capital efficiencies and thereby stimulate the growth of the crypto derivatives market in Asia.
AsiaNext is the first digital exchange to build a solution using Colt’s Multicast Market Data in the Cloud. Colt PrizmNet ensures consistent low-latency delivery of data, software, content, and financial services globally. Simultaneously, Colt’s Multicast Data in the Cloud allows organisations to securely distribute raw multicast data from a virtual Point-of-Presence (PoP) to external platforms without altering its original format.
Commenting on the partnership, Russell Toop, Colt’s Team Lead, Capital Markets Asia, said: “It’s an incredibly exciting time for Asia, as regulatory clarity helps it become a global hub for the crypto ecosystem, and we’re very proud to be named one of the first digital infrastructure partners for AsiaNext. Colt has long been a leading connectivity provider for the capital markets ecosystem and thousands of clients around the world trust our network. We continue to monitor the market and make infrastructure investments, providing connectivity solutions to key liquidity hubs which deliver the best possible latencies and performance. Our partnership with AsiaNext demonstrates our firm commitment to capital markets in Asia and across the world, and we’re excited to be part of its journey at the earliest stages as it sets out to bring digital assets to the mainstream.”
Yuen Keng Yin, Chief Technology Officer, AsiaNext, added: “We are delighted that through Colt’s breakthrough capital markets solutions, our institutional investors will be able to quickly and easily access the benefits of a modern and trusted trading venue for digital assets. Their solutions support our investors in securing their position in this rapidly-growing market, so they can optimise their digital assets trading strategies and open up exciting new opportunities for their clients.”
Subscribe to our newsletter
