LONDON, April 30, 2024 /PRNewswire/ — CoinRoutes, a premier provider of algorithmic crypto trading strategies and a market leading OEMS platform, announced that it has established connectivity with Coinbase International Exchange, a licensed digital asset exchange.

This collaboration enables institutional traders in eligible jurisdictions to access the deep liquidity of Coinbase International Exchange using CoinRoutes’ advanced execution algorithms and smart order routing strategies.The integration arrives amid a surge in trading volumes for crypto derivatives, with record highs observed on several exchanges recently.

CoinRoutes embeds a proprietary price-predictive signal in all algorithms, allowing traders to execute passively under normal conditions but flex to be aggressive or super passive during high volatility. Popular features allow traders to earn maker fees instead of paying taker, trade thin instruments without impact, track exchange volumes precisely, capture basis by spreading, perform delta-neutral portfolio hedging, and automate treasury management trades.

Ian Weisberger, CEO of CoinRoutes, commented: “After CoinRoutes executed a record $18B of notional volume for clients in March, we are thrilled to welcome Coinbase International Exchange to the CoinRoutes network, reinforcing our commitment to expanding access to the highest quality trading platforms.”

Michael Holstein, CRO of CoinRoutes, added: “This will greatly enhance liquidity, capital efficiency and counterparty risk mitigation for our clients who trade a combination of perpetual future instruments and spot crypto. Our partnership with Coinbase International Exchange provides traders with everything they need.”

Usman Naeem, CEO of Coinbase International Exchange, commented: “This integration marks another milestone in the ongoing global adoption of digital asset trading by institutional players. As we collaborate with CoinRoutes, we empower institutions worldwide with advanced tools and access to liquid markets, driving forward the evolution of the crypto economy.”

About Coinbase International Exchange

Coinbase International Exchange is a licensed digital asset exchange that provides perpetual futures and spot trading for institutional clients in eligible jurisdictions and powers perpetual futures trading for eligible retail users on Coinbase Advanced.

As a regulated exchange, Coinbase International Exchange brings trust and security to global crypto markets and expands crypto derivatives access to institutions and professional traders with robust APIs, liquidity incentives for high volume users, and an expanding list of tradable assets.

About CoinRoutes

CoinRoutes was built from the ground up to handle the unique market structure of crypto-assets as a leading provider of algorithmic trading strategies and execution management systems.

With CoinRoutes you can achieve best execution by trading on over 65 major CEXs, DEXs and Liquidity Providers covering more than 3,000 assets (spot, perpetuals, futures) via a single API or our trading app. In a single order you can trade across DeFi and CeFi, using CEXs, DEXs and LPs.

CoinRoutes’ patented distributed architecture allows our clients to keep control over their digital wallets and keys. Our advanced algorithms, that include automated spread trading and multi-product trading in a single order, will achieve the lowest costs while minimizing market impact and filling orders faster to reduce slippage. Additionally, our built-in transaction cost analysis (TCA) will help you evaluate your trading performance.

For media enquiries, please contact [email protected]

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Payall, the first-ever cross-border infrastructure provider of end-to-end modular software for the cross-border payments ecosystem, backed by prestigious venture capital firms and strategic investors, joined forces with Huntli, a leading Latvian regtech to accelerate breakthrough transaction monitoring and fraud prevention capabilities for banks, central banks, domestic payment networks, EMIs, PIs and other financial institutions.

Established in 2021, Huntli rapidly distinguished itself as a leader in the regtech sector in Latvia by safeguarding over 100 millions of transactions internationally from fraud and other malicious actors. The combination of Huntli and Payall will enable customers of both companies to have even greater fraud and risk mitigation capabilities. New breakthrough software will be available for Huntli customers to automate slow, costly, and error-prone manual tasks related to applicant due diligence and boarding, specialized compliance and risk mitigation Know Your Transaction activities, and allow an access to new paradigms for making cross-border payments. Later in 2024, Payall will roll-out unprecedented risk, compliance and process automation capabilities based on the integration of Huntli, Payall and AI for the benefit of banks, fintechs, central banks, domestic payment networks and other financial institutions. With cross-border payments projected to reach $160 trillion this year and exceed $250 trillion by 2030, the combination of Huntli and Payall is an important step for both companies.

A getaway to European market

Payall decision to expand its already extensive presence in Europe with the Huntli team in Latvia underscores its view that the pioneering nature of EMIs, PIs banks, central banks and fintech in the Baltic region need breakthrough capabilities in international fund transfers that ensure cross-border payments are safe, efficient (fast and low cost), transparent and inclusive. This move also demonstrates confidence in the strategic direction Latvia has put in place to safely develop the fintech sector, ensuring effective and efficient regulation, promoting growth and innovation, and providing an access to secure and efficient payments across the Europe and globally.

People driven innovation

Latvia is home to a growing fintech ecosystem, supported by a strong IT infrastructure and a tech-savvy population, specifically well-educated, multilingual workforce with strong technical skills, particularly in IT and engineering. Moreover, people are at the core of Payall. The Huntli team reflects values and character dimensions that are consistent with Payall’s overachiever mindset.

Gary Palmer, the Founder and CEO of Payall, has always held that “people” are the foundation for any great company and stated, “The cornerstone of Payall’s success is the collective spirit and

ingenuity of our team. Now that the Huntli team is part of the Payall team, we’re experiencing a force multiplier from the fusion of shared visions and values aimed at revolutionizing the cross-border landscape. Moreover, our strategic expansion into the Latvian banking and fintech ecosystem, rooted in protecting the safety and soundness of payments, underscores our commitment to bolstering Latvia’s position as a fintech hub in the region and beyond.”

Lev Bass, Co-founder and Chief Business Development Officer at Huntli, adds: “Our cooperation with Payall, a leader in innovation and excellence in cross-border payments, marks a significant milestone for Huntli. We are profoundly impressed by Payall technology, their extraordinary vision for their products and the approach to the business – these were the key factors that led us to mutual agreement and this collaboration. We deeply appreciate the fairness and transparency throughout the merging process of both companies. The innovations and state-of-the-art tech we will bring to the international banking sector are unmatched by anything available in the market today – we are creating the future right now.”

The post Payall Payment Systems, based in the U.S., signals commitment to the Baltic region by joining with Latvian regtech firm Huntli appeared first on HIPTHER Alerts.

LONDON, April 30, 2024 /PRNewswire/ —

Tetragon has released its Monthly Factsheet for March 2024.

– Net Asset Value: $ 2,830m
– Fully Diluted NAV Per Share: $31.05
– Share Price (TFG NA): $9.88
– Monthly NAV per share total return: 0.7%
– Monthly Return on Equity: 1.2%
– Most recent quarterly dividend: $0.11
– Dividend yield: 4.5%

Please refer to important disclosures on page five of the Monthly Factsheet.

Please click below to access the Monthly Factsheet.

March 2024 Factsheet

About Tetragon:

Tetragon is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial Management LP. Find out more at www.tetragoninv.com.

Tetragon’s non-voting shares are subject to restrictions on ownership by U.S. persons and are not intended for European retail investors.

Please see: https://www.tetragoninv.com/shareholders/additional-information.

Tetragon Investor Relations:
Yuko Thomas
[email protected]

Press Inquiries:
Prosek Partners
[email protected]
U.K. +44 20 3890 9193
U.S. +1 212 279 3115

This release does not contain or constitute an offer to sell or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities of Tetragon have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons unless they are registered under applicable law or exempt from registration. Tetragon does not intend to register any portion of its securities in the United States or to conduct a public offer of securities in the United States. In addition, Tetragon has not been and will not be registered under the U.S. Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act. Tetragon is registered in the public register of the Netherlands Authority for the Financial Markets under Section 1:107 of the Financial Markets Supervision Act as a collective investment scheme from a designated country.    

View original content:https://www.prnewswire.co.uk/news-releases/tetragon-financial-group-limited-march-2024-monthly-factsheet-302131912.html