Guide · Cornerstone
Informational
A complete guide to over-the-counter crypto trading for institutional counterparties: how it works, who uses it, and why large trades belong off the exchange order book.
Jan 20252,400 words
Explainer
Informational
Price impact, slippage, and front-running risk make public exchanges unsuitable for institutional-scale trades. Here's how OTC execution solves each problem.
Jan 20251,800 words
Platform
Informational
Request-for-Quote is the pricing and execution mechanism used by institutional OTC desks. This guide explains the full RFQ workflow from inquiry to settlement.
Jan 20251,600 words
Settlement
Informational
Settlement timing directly affects capital efficiency and counterparty risk. This guide explains T+0 and T+1 settlement and why same-day matters for institutional crypto operations.
Jan 20251,800 words
Settlement
Informational
USDT and USDC off-ramp for corporate treasuries, payment providers, and institutional counterparties. How licensed crypto settlement infrastructure differs from standard banking.
Feb 20251,600 words
Compliance
Informational
Know Your Business and Know Your Customer are both required for institutional crypto onboarding. This guide explains what each covers, who needs to provide what, and typical timelines.
Feb 20252,000 words
Institutional
Commercial intent
What institutional crypto execution looks like from the OTC desk side — liquidity sourcing, RFQ mechanics, and how hedge fund operations differ from retail trading.
Feb 20252,200 words
Institutional
Commercial intent
Corporates managing digital asset treasury positions need predictable execution, clean settlement, and compliance documentation. OTC delivers all three — public exchanges do not.
Feb 20251,800 words
Execution
Informational
Slippage is the principal risk in large exchange-based crypto trades. This guide explains how institutional OTC desks source liquidity, hedge positions, and eliminate slippage for block trades.
Mar 20252,400 words
Compliance
Informational
VASP registration is a minimum standard for institutional crypto desks operating in regulated jurisdictions. Here's what it means, why it matters, and how to evaluate OTC desk compliance.
Mar 20252,000 words
Institutional
Commercial intent
Miners converting production to fiat face slippage, market timing, and operational complexity on public exchanges. OTC desks offer structured conversion programmes that solve all three.
Mar 20251,600 words
Payments
Commercial intent
Payment processors and merchant acquirers managing daily crypto settlement need operational certainty, speed, and compliance. OTC desks provide the licensed infrastructure that retail crypto services cannot.
Mar 20251,400 words