Spotex and BitGo partner to expand custody and prime brokerage access
05 August 2026 US
Image: GamePixel/stock.adobe.com
Spotex 鈥� an institutional trading venue for FX, precious metals, and digital assets 鈥� has integrated with BitGo.
BitGo will also facilitate post-trade settlement between liquidity providers and the client.
The partnership seeks to offer eligible clients a more secure and capital-efficient way of accessing digital asset liquidity through the Spotex institutional electronic communication network (ECN).
The integration will connect BitGo鈥檚 Go Network settlement and clearing offering with Spotex鈥檚 institutional infrastructure, allowing clients to allocate assets held in BitGo custody for trading on Spotex.
Underlying assets will remain with BitGo for the duration of the trade, intended to reduce pre-funding of trading venues, improve capital efficiency, and minimise counterparty risk.
Spotex functions solely as the execution venue and does not act as principal to transactions executed through its ECN.
According to the firms, BitGo is the first digital asset custodian to go live with Spotex.
Regarding the collaboration, Joe Tuccio, head of digital assets at Spotex, comments: 鈥淗aving BitGo, one of the world鈥檚 largest specialist institutional custodians, as our first live digital asset custodian brings huge credibility to Spotex as we build out our digital asset offering and strengthen asset protection for our clients.鈥�
Adam Sporn, head of prime brokerage and US institutional sales at BitGo, adds: 鈥淲e believe that institutions want greater choice in execution without adding unnecessary complexity across custody, credit, and settlement.
鈥淭hrough this integration, eligible clients can access Spotex while keeping assets within regulated custody and maintaining the operational controls required for institutional trading.鈥�
BitGo will also facilitate post-trade settlement between liquidity providers and the client.
The partnership seeks to offer eligible clients a more secure and capital-efficient way of accessing digital asset liquidity through the Spotex institutional electronic communication network (ECN).
The integration will connect BitGo鈥檚 Go Network settlement and clearing offering with Spotex鈥檚 institutional infrastructure, allowing clients to allocate assets held in BitGo custody for trading on Spotex.
Underlying assets will remain with BitGo for the duration of the trade, intended to reduce pre-funding of trading venues, improve capital efficiency, and minimise counterparty risk.
Spotex functions solely as the execution venue and does not act as principal to transactions executed through its ECN.
According to the firms, BitGo is the first digital asset custodian to go live with Spotex.
Regarding the collaboration, Joe Tuccio, head of digital assets at Spotex, comments: 鈥淗aving BitGo, one of the world鈥檚 largest specialist institutional custodians, as our first live digital asset custodian brings huge credibility to Spotex as we build out our digital asset offering and strengthen asset protection for our clients.鈥�
Adam Sporn, head of prime brokerage and US institutional sales at BitGo, adds: 鈥淲e believe that institutions want greater choice in execution without adding unnecessary complexity across custody, credit, and settlement.
鈥淭hrough this integration, eligible clients can access Spotex while keeping assets within regulated custody and maintaining the operational controls required for institutional trading.鈥�
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities AV狼 Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities AV狼 Times
