GoQuant, a prominent infrastructure firm in the digital asset space, has officially launched GoDark, an institutional digital asset dark pool designed to meet the unique needs of large-scale players in the crypto market.
In essence, a dark pool is a private exchange where institutional investors can trade large blocks of securities without their orders being publicly displayed before execution. GoQuant’s GoDark applies this concept to cryptocurrencies, offering enhanced discretion, reduced market impact from large orders, and potentially better execution prices for institutional investors.
This move signals a maturing landscape for digital assets, bringing sophistication previously reserved for traditional finance. The platform was developed with robust support from several key players in the industry, including Copper, GSR, FRNT Capital, Huckle, and Valos.
The launch of GoDark is a strong indicator of growing institutional interest in cryptocurrencies. As more traditional financial entities look to allocate capital to digital assets, the demand for sophisticated trading venues will only increase. Dark pools are a natural evolution, offering a bridge between the innovative nature of crypto and established practices of institutional finance.
With its secure and private environment, GoDark addresses critical needs of sophisticated investors, such as discretion, reduced market impact, improved pricing, strategic advantage, enhanced security, and operational efficiency. The platform’s collaboration with reputable firms lends significant credibility and operational strength to GoQuant’s GoDark, addressing concerns around security, reliability, and liquidity.
As the institutional crypto sector continues to grow, GoQuant’s GoDark is poised to play a significant role in shaping the future of digital asset trading.
Source: https://cryptorank.io/news/feed/cde78-goquant-institutional-dark-pool