Toronto-based digital asset investment bank FRNT Financial has announced a partnership with Balance, Canada's oldest digital asset custodian, drawing significant market attention. Through this collaboration, FRNT will integrate into the Balance platform as a digital asset liquidity and lending service provider, offering diversified services to select institutional clients. Clients will be able to access FRNT's services directly through Balance's cold and hot storage facilities.
FRNT is committed to building a bridge between traditional finance and Web3 finance through capital markets and consulting services. Its core services cover areas such as trade execution, derivatives and commercial banking services.
Balance CEO George Bodianu commented, "The integration with FRNT will strengthen the platform's capital markets services capabilities in the development of the digital asset market," emphasizing the importance of robust custody infrastructure. FRNT CEO Stephen Wailet also stated, "The partnership with Balance allows us to provide structured capital solutions to our clients while maintaining transparency and operational control."
This integration is a strategic move by FRNT to expand its Balance custody ecosystem and build a smooth and compliant digital asset trading infrastructure. Clients can now designate FRNT as their authorized counterparty, and their assets will be managed in a separate account according to the client's authorization and management process.
