Blockchain.com Adds Trading API for Institutional Crypto Execution
Summary
Blockchain.com launched a trading API on November 5, extending its prime brokerage service beyond voice- and chat-based OTC trading. The API gives institutions automated access to the company’s principal liquidity for major cryptocurrencies, altcoins and stablecoins, with executable quotes and 24/7 trading, according to the company. Institutions will need to assess pricing, settlement, reliability, security and integration with their controls. The launch reflects growing demand for digital-asset execution that fits existing institutional trading and risk systems, but it provides no evidence yet of client uptake or superior liquidity.
