Caladan and NextBlock Partner to Expand Digital Asset Liquidity in South Korea
Global proprietary trading group Caladan has entered into a strategic collaboration with South Korean infrastructure provider NextBlock. The partnership aims to bridge the gap between South Korean institutional investors and global digital asset liquidity by integrating Caladan's market-making capabilities with NextBlock’s proprietary smart order routing engine, NextRoute. The move comes as South Korea's Financial Services Commission (FSC) develops a phased approach to allow increased corporate participation in virtual asset trading. By combining local infrastructure with international liquidity, the collaboration seeks to provide professional counterparties, such as asset managers and financial institutions, with institutional-grade execution tools within an evolving regulatory landscape.
Topics: Digital Assets Institutional Trading Liquidity Provision South Korea Market