GoDark Unveils Institutional Dark Pool for Crypto Backed by Copper, GSR, Others

GoDark has launched an institutional dark pool specifically designed for digital assets, aiming to facilitate large cryptocurrency trades without influencing market prices. This launch is supported by prominent firms like Copper and GSR, among others. Dark pools are essential in traditional finance, allowing large institutions to execute trades discreetly, avoiding disruption in market prices from bulk asset trades. GoDark plans to start with spot cryptocurrency trading and expand into various other instruments such as perpetual and conventional futures, options, and more. Denis Dariotis, founder and CEO of GoQuant, emphasizes the need for sophisticated trading infrastructure in the crypto sector akin to traditional finance, noting the lack of a genuine dark pool in the current crypto landscape. The new service aims to balance the liquidity available on centralized exchanges with the privacy typically associated with over-the-counter transactions. The GoDark platform is expected to cater to institutions that require a secure and private trading environment.

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