BlockFi Launches OTC Trading Desk for Institutional, and High-Net-Worth Investors

BlockFi announced the launch of their over-the-counter (OTC) trading desk, which is available to institutional and ultra-high net worth cryptocurrency investors, Wednesday. The service will operate with desks in the U.S. and Asia and will support spot trading in cryptocurrencies including […]

share

key takeaways

  • The desk will operate in the U.S. and Asia and support spot trading of digital assets including Bitcoin, Ethereum and Litecoin

BlockFi announced the launch of their over-the-counter (OTC) trading desk, which is available to institutional and ultra-high net worth cryptocurrency investors, Wednesday.

The service will operate with desks in the U.S. and Asia and will support spot trading in cryptocurrencies including Bitcoin, Ethereum and Litecoin. 

“With institutional interest in digital assets growing rapidly, we’re proud to offer a specialized product to meet their needs and help them participate in an exciting and growing asset class,” said Zac Prince, co-founder and CEO of BlockFi, in a recent press release. 

The announcement comes amid a slew of recent moves by Wall Street investors into crypto.  Hedge fund manager Paul Tudor Jones said he would be buying Bitcoin as a hedge against inflation last May. BlackRock, the world’s largest asset manager, announced yesterday that they may soon be offering crypto futures contracts. 

Cryptocurrency funds have swelled in recent months with $359 million in inflows last week alone, showing investor interest in digital assets is at an all-time high. 

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.png

Research

Content Delivery Networks (CDNs) represent low-hanging fruit in a massive market ripe for Web3-driven disruption. The global CDN market was valued at ~$28B in 2024, and is projected to surpass $140B by 2034, (18.75% CAGR) underscoring the immense demand for efficient content delivery.

article-image

US dollars might technically be worth less, but it’s still good news

article-image

Apps are doing well, as is casino gaming, says Tom Schmidt of Dragonfly

article-image

Sponsored

Machine DeFi brings programmable peer-to-peer finance into contact with tangible machines that generate real-world value

article-image

What happens to your investment portfolio when the companies driving returns are no longer in it?

article-image

Wow, the ETF hype sure didn’t last long

article-image

The private sector lost 33,000 jobs in June; analysts had projected payrolls to add 100,000 positions