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

GoDark is launching an institutional dark pool specifically designed for digital assets, marking a significant development in the cryptocurrency trading landscape. This initiative is supported by notable custody and trading firms including Copper and GSR, among others. Dark pools have traditionally been used in traditional finance (TradFi) to conduct large trades without affecting market prices, a feature deemed crucial in the highly volatile crypto market. GoDark will begin by offering spot cryptocurrency trading, with plans to extend its services to include perpetual and conventional futures, options, and other financial instruments. Its backing includes a wide array of financial entities such as FRNT Financial, Fasanara Capital, and others. Denis Dariotis, the founder and CEO of GoQuant, stated that the current infrastructure for dark pools in crypto is significantly underdeveloped compared to that in traditional finance, indicating a strong demand for such advanced trading solutions in the blockchain space. This launch represents a key step towards bridging the gap between traditional trading practices and the emerging cryptocurrency market.

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