FIX connectivity provider Rapid Addition has partnered with TradingStack.io to deliver institutional-grade access to digital asset markets. The collaboration aims to support capital markets firms looking to integrate digital assets into their trading operations without compromising performance or regulatory standards.
The move comes as capital markets institutions increasingly explore opportunities in digital assets and tokenisation, primarily to unlock efficiencies, improve asset liquidity, and future-proof their trading infrastructure. By issuing and trading tokenised versions of real-world assets like bonds and funds on distributed ledger platforms, firms can take advantage of faster settlement and enhanced transparency. However, bridging traditional trading systems with these new digital asset venues presents significant challenges, particularly around venue connectivity.
According to Mike Powell, CEO of Rapid Addition, the partnership directly addresses this primary hurdle for institutional adoption. “As the digital assets market becomes increasingly attractive for traditional investment firms, FIX will play an important role,” he tells TradingTech Insight. “Effectively, people want to leverage their existing trading and connectivity infrastructure rather than go and build whole new tech stacks just to participate in that market.”
The combined offering creates a complete solution, leveraging Rapid Addition’s trading workflow platform to power TradingStack’s high-performance connectivity to global digital markets. “We’re solving for traditional brokers wanting to enter the space,” explains Powell. “TradingStack provides the connectivity to digital asset liquidity, while Rapid Addition provides the client and counterparty FIX connectivity, along with the crucial integration into their middle-office systems.”
From TradingStack’s perspective, the collaboration adds a critical layer of sophistication that its clients were beginning to demand. “Our role is to bridge the new world of distributed finance with traditional finance,” says Tim Connolly, MD of TradingStack. “What Rapid Addition brings is a much higher degree of sophistication on that client-facing side. They can manage different flavours of FIX along with custom tags, handle complex process flows, and provide the advanced functionality needed as the market evolves.”
Connolly notes that this addresses a direct need, making the partnership a strategic necessity. “We are already able to identify clients who will benefit from more sophisticated functionality, screens, and workflows,” he adds. “Partnering with Rapid Addition is a much more expedient way forward, allowing us to focus on our bread and butter; developing connectivity to new digital platforms.”
Both firms cite the technical compatibility of their platforms, built on high-throughput, low-latency components like the Aeron transport layer, as a key enabler that confirms they are well-suited partners. The combined offering is intended to support connectivity to a broad range of liquidity providers, facilitating the adoption of tokenised instruments across institutional trading environments.
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