Singapore and Jersey City, New Jersey, October 27, 2026 / PRNewswire / -- Global proprietary trading group and digital asset liquidity provider Caladan announced today that it has reached a partnership with the foreign exchange, precious metals, and digital asset electronic trading platform Spotex to expand access to institutional cryptocurrency liquidity.
Under this collaboration, Caladan will provide digital asset liquidity to the institutional trading network of Spotex, connecting its global crypto trading capabilities to the customer base of Spotex, which includes banks, brokers, hedge funds, and asset management companies. This integration will offer institutional market participants more competitive sources for digital asset pricing and execution through Spotex's mature trading platform.
Caladan indicates that the company provides liquidity in over 110 spot, swap, and difference contract markets, and is equipped with automated digital asset settlement, 24/7 fiat currency settlement five days a week, simplified onboarding processes, as well as post-trade workflows. Its infrastructure supports transactions worth millions of dollars in major markets, enabling institutional counterparties to execute large-scale transactions efficiently.
This progress is built upon the foundation of institutional electronic trading services that Spotex already possesses, and it also continues the company's expansion into the field of digital assets. Spotex was established in 2010, initially focusing on institutional foreign exchange electronic trading, and later expanded its infrastructure to include digital assets as well. By integrating the capabilities of Caladan, Spotex intends to further strengthen its deep liquidity pool and enhance the advanced low-latency execution and comprehensive market analysis capabilities that the platform already provides to its customers.
Caladan, President and Co-Founder, Julia Zhou stated:Institutions participating in the digital asset market are increasingly relying on combining deep native liquidity in cryptography with the execution standards and infrastructure that they are accustomed to obtaining from traditional markets. Spotex has been building institutional foreign exchange electronic trading infrastructure for many years, and its expansion into the digital asset sector has also naturally connected these two markets. By providing liquidity on Spotex, we can enable a wider range of institutional counterparties to utilize the pricing and execution capabilities of Caladan.
Spotex CEO John Miesner indicates:As we expand the digital asset market of Spotex, the quality and depth of liquidity provided to customers are of paramount importance. Caladan has extensive experience in the digital asset market and has enhanced the institutional liquidity that our platform can offer. This collaboration supports our goal of enabling brokers, hedge funds, and asset management companies to access high-quality digital asset execution services through the same set of institutional infrastructure and workflows they are familiar with in the foreign exchange market.
Spotex Digital Assets Supervisor Joe Tuccio indicates:"We are continuously expanding our network by collaborating with leading institutions in the digital assets industry. Incorporating Caladan into the Spotex network has deepened our global liquidity supply and provided customers with more choices across a wide range of digital assets."
BJW_KEEP_00001 stated that this collaboration reflects the growing institutional demand for digital asset trading solutions that combine crypto-native market depth with mature execution, connectivity, custody, and settlement infrastructure. As the digital asset market continues to evolve, BJW_KEEP_00002 and BJW_KEEP_00003 will leverage their complementary capabilities to support the needs of institutions entering the space and expanding their digital asset businesses.
About Caladan
Caladan is a global proprietary trading group and digital asset liquidity provider, established in 2017. The company operates in over 65 exchanges and trading venues around the world, providing on-exchange market-making, over-the-counter trading, API liquidity, and investment services to participants in the global institutional market.
For more information, please visit: caladan.xyz.
About Spotex
Spotex is a trading platform for foreign exchange, precious metals, and digital assets that serves institutions, with a daily trading volume of several billion dollars. Founded in 2010, the company provides banks, brokers, hedge funds, and asset management companies with fast and reliable access to deep liquidity pools, advanced execution algorithms, business management modules, and comprehensive market analysis. Spotex indicates that the company has a good track record in innovation, including the development of proprietary performance-based matching logic, as well as a 24/7 operating cycle that eliminates the need for traditional daily platform restarts.
For more information, please visit: www.spotex.com
Media Contact
Caladan : Forefront Communications
Spotex : Wigwam PR
