Share this article
TrueDigital Expands Distribution of Its Bitcoin and Ether OTC Reference Rates
Institutional digital assets platform trueDigital has signed two new deals to expand the reach of its OTC reference rates for bitcoin and ether.
Updated Dec 10, 2022, 8:00 p.m. Published Mar 25, 2019, 1:00 p.m.
Institutional digital assets platform trueDigital Holdings has signed two new distribution deals to expand the reach of its over-the-counter (OTC) reference rates for bitcoin and ether .
Announcing the news on Monday, trueDigital said that it has partnered with Kaiko, provider of cryptocurrency market data, and Inca Digital Securities, a data aggregation and analytics platform, for the expansion.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The partnership will see Kaiko and Inca offering BTC and ETH OTC reference rates to their customers, including asset managers and institutions, trueDigital said.
“Kaiko’s mission is to build the data distribution infrastructure for institutional involvement in the cryptoassets industry. Our partnership with trueDigital will further this mission while also promoting much-needed data transparency,” said Kaiko CEO Ambre Soubiran.
Inca will also use the reference rates data to develop new analytics, according to the announcement. “The aim is to provide users with institutional-grade pricing data that helps elevate the quality of trading and risk management.”
TrueDigital’s OTC reference rates for BTC and ETH were launched in July of last year in partnership with nine firms to enable “institutional grade derivative products.” Back in January, the firm similarly partnered with three other firms – CMT Digital, Blockfills and QCP Capital – for distribution of its reference rates.
The reference rates are derived from the bid and offer prices from trueDigital’s 12 institutional market-maker partners, including Genesis Global Trading and Circle.
Last month, trueDigital hired a new CEO from the world’s largest hedge fund Bridgewater Associates. The firm has also helped build a blockchain payments system for crypto-friendly Signature Bank in December.
Bitcoin, ether image via Shutterstock
More For You
알아야 할 것:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Altcoins plunge as bitcoin's $85,000 test triggers $550 million in liquidations
Solana tumbled below $120 to its weakest price since April, while SUI, DOGE and ADA also fell sharply.
알아야 할 것:
- Bitcoin is teetering on the brink of falling below $85,000 level, accelerating declines in the crypto market.
- Altcoins such as SOL, Cardano, ADA, SUI and dogecoin led Thursday's drop.
- $550M in liquidations hit derivatives markets, but analysts said the pullback looks like orderly deleveraging rather than full-blown panic.
Top Stories
