CRX Trade Links Eight Crypto Venues With CME and Nasdaq…
By Rick Steves
AI summary of the source article
Zug-based CRX Trade, operated by RAS Capital, has rolled out an institutional brokerage platform that connects eight crypto venues—including Binance, Bybit, Gate, Hyperliquid, and Deribit—with CME Group and Nasdaq markets through a single account. Utilizing CoinRoutes for order routing, risk reporting, and portfolio management, the service allows hedge funds to post bitcoin, stablecoins, or tokenized gold into a single collateral pool supporting trades across ten connected venues. RAS Capital is supervised for anti-money laundering by Swiss self-regulatory organization VQF, but does not hold a Swiss banking or securities-firm license and does not lend from its own balance sheet.
Why it matters
The platform addresses capital inefficiency by letting funds cross-margin positions and consolidate execution across traditionally segregated crypto, futures, and equity markets through a single prime-like interface.
Key facts
- CRX Trade links eight crypto venues alongside CME Group and Nasdaq markets into a single account and collateral pool.
- Order execution and risk systems are supplied by CoinRoutes, which has handled more than $700 billion in lifetime notional volume.
- Operator RAS Capital is supervised for anti-money laundering by Swiss self-regulatory body VQF but does not hold a Swiss banking or securities license.