LTP launches a third-party custody solution with banks to achieve both asset security and exchange liquidity.

This article is machine translated
Show original

Foresight News , LTP, an institutional-grade digital asset prime broker, has launched a Banking Triparty Solution. Fiat currency or U.S. Treasury bonds are deposited into a separate account at a custodian bank, with assets held off-exchange by a licensed bank, bypassing the exchange entirely. The custodian bank reports the collateralized asset position to the exchange daily, which then grants an equivalent credit line to the client's dedicated sub-account for PM/PM Pro portfolio margin trading. Custody and trading operate independently. Furthermore, cash can be allocated to U.S. Treasury bonds, generating continuous returns while serving as collateral, effectively improving capital utilization efficiency.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments