CQG, provider of technology solutions for traders, brokers, commercial hedgers and exchanges, in partnership with NUTS, a blockchain development lab, launched Optio Research, to develop decentralized crypto infrastructure and trading solutions for institutional-grade traders.
According to the official press release, shared with LeapRate, Optio Research will be led by CQG executives Kevin Darby and Benjamin Soong, and NUTS Finance co-founders Terry Lam and Daniel Tang. In addition, CQG CEO Ryan Moroney will be member of the Optio Board of Directors and serve as a strategic advisor.
The newly launched Optio designed to bridge the worlds of traditional finance (TradFi) and the fast-growing decentralized finance (DeFi) space.
As more institutional clients move toward Web3 blockchain-driven technology, Optio gives CQG the opportunity to accelerate our footprint and play a leading role in the fast-growing digital asset space.
Terry Lam added:
Over the last few years, we have seen the crypto marketplace develop rapidly. However, it is evident that the workflow and infrastructure for institutional investors is still at a nascent stage.
Through Optio, our partnership with CQG and collective experience in derivatives trading technology and Web3 development give us the opportunity to be market leaders in developing a range of solutions that will not only improve the current user experience, but also act as a catalyst to accelerate adoption into this emerging asset class by traditional financial institutions.
Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
