TP ICAP’s Fusion digital asset has surpassed $1 billion in monthly trading volume across the Bitcoin and Ether spot markets, underscoring the growing institutional adoption of regulated cryptocurrency trading venues.
The FCA-registered platform combines TP ICAP’s trading expertise, independent custody infrastructure and diversified liquidity from top-tier market makers.
“The digital assets landscape is at a critical inflection point, evolving from a niche asset class to a core component of the global financial system,” said Simon Forster, Global Co-Head of Digital Assets.
“This transformation, driven by more sophisticated trading participants, requires an institutional infrastructure built on the foundations of liquidity, transparency and trust – which is exactly what we have built with Fusion Digital Assets.”
The exchange plans to expand access to TP ICAP’s global client base, with its APIs designed to be asset agnostic and support future on-chain assets such as stablecoins.
The company also expects strong opportunities from tokenizing traditional assets, an area where TP ICAP already has a significant market presence, Forster said.
This achievement follows increased institutional interest in compatible and operationally efficient cryptocurrency infrastructure. Fusion’s design reflects traditional markets, providing the expectations of governance institutions and guarantees.