WhiteBIT and Bequant announce strategic partnership to advance institutional crypto trading

WhiteBIT, one of the leading centralized exchanges by traffic, has partnered with Bequant, a top provider of institutional crypto trading solutions. The exchange aims to onboard institutional traders with professional-grade tools and full compliance with regional regulations. 

WhiteBIT will offer institutional-grade services after partnering with Bequant, a top provider of solutions for institutional and professional crypto traders. 

WhiteBIT, one of Europe’s largest exchanges by traffic, offers access to deep liquidity and professional trading tools and applies the latest regulatory requirements at all trading steps.

‘By combining our expertise, we’re ensuring that professional traders and institutional clients gain exceptional access to deep liquidity, regulatory-compliant infrastructure, and advanced trading tools,’ said Volodymyr Nosov, founder and President of WhiteBIT.

Bequant brings institutional expertise

Bequant offers expertise in market-making and quantitative trading. It focuses on advanced trading strategies, which are possible through efficient liquidity allocation. 

Bequant is a fully regulated entity that offers an OTC desk, lending, and custodial storage for crypto assets. It aims to bridge traditional investing with cryptocurrency. Bequant brought multiple traditional finance experts on board with experience in banking, derivatives, electronic trading, and prime brokerage.

‘Partnering with WhiteBIT allows us to build deeper liquidity for institutional crypto trading across Europe, combining our expertise to deliver efficient, compliant solutions,’ commented George Zarya, founder of Bequant.

WhiteBIT taps deep liquidity

Bequant will use its trading technology and experience to leverage WhiteBIT’s liquidity. The partnership’s target market will be professional traders and institutions looking for deep liquidity and high-frequency trading. 

WhiteBIT can be included in the tactics of other market makers and high-volume traders who use Bequant, allowing them to increase their trading volumes efficiently. WhiteBIT’s clients can access over $2 trillion in annual trading volume, ensuring market depth and optimal liquidity. WhiteBIT ranks alongside Crypto.com in terms of institutional trust and is among the top 15 centralized exchanges by volume and trust score.

Both WhiteBIT and Bequant are applying international regulatory standards, including ISO/IEC certification and GDPR compliance. WhiteBIT also offers real-time market access through data solutions and seamless API connectivity. All services can also be automated, from real-time market data to efficient trade execution.

WhiteBIT has more than 1,300 institutional clients and more than 8 million users. Institutional investors provide for a sizable portion of WhiteBIT’s $2.7 trillion annual trading activity for the entire year 2024.   

WhiteBIT has expanded to over 730 pairs for more than 330 assets, with liquidity in 9 fiat currencies. It reaches over 35M customers worldwide, though it focuses especially on Europe.

WhiteBIT has also issued a native token, WBT. The asset has been in circulation for a little over a year and recently reached a new price peak. WBT traded at $30.27, reflecting the overall market recovery, reaching trading volumes of $42M in 24 hours.

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