Omniex and Gemini partner to deliver high-performance infrastructure to support institutional investors

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Omniex and Gemini partner to deliver high-performance infrastructure to support institutional investors

PR Newswire

SAN FRANCISCO, Oct. 10, 2018 /PRNewswire/ -- Omniex, the leading institutional investment and trading platform for crypto-assets, and Gemini, the leading regulated institutional crypto exchange, have cross-connected in Equinix's low-latency NY5 data center that caters to large financial institutions and electronic trading ecosystems. The partnership will deliver the connectivity, features and high-performance trading experience institutional investors need, but was previously missing in the world of crypto investing.

"Fragmented and immature crypto market structure has left institutional investors at a loss for robust solutions, forcing some providers to resort to tweaking platforms engineered for other asset classes," said Hu Liang, CEO and co-founder of Omniex. "Cross-connecting to Gemini in NY5 further expands the unrivaled level of reliability and performance our clients expect and need to execute on their investment strategies."

"Omniex shares our core philosophy that technology must be purpose-built for institutional investors to address the regulatory and market challenges they face in crypto assets," said Tyler Winklevoss, CEO of Gemini. "As our ecosystem continues to mature, it will be vital to work with firms that understand the intricacies of institutional operations, while delivering best-in-class technology that empowers investors."

Omniex's platform is purpose-built for institutional investors seeking exposure to crypto-assets. With backgrounds deeply rooted in institutional trading infrastructure and execution optimization, Omniex's team has developed an execution management system (EMS) deployed in Equinix's NY5 data center, alongside a full featured portfolio and order management system (POMS) in the cloud. Omniex is connected to many of the largest crypto liquidity venues, including leading exchanges and OTC market makers from around the world.

About Omniex
Omniex is a front-to-back office investment and trading platform for institutional investors to access the crypto-asset markets. Its purpose-built technology provides portfolio and risk management, trade execution, investment operations and compliance solutions to buy-side, market-making and broker-dealer institutions. With offices in San Francisco and Los Angeles, it was founded in the fall of 2017 by an experienced team of technologists, financial executives and crypto pioneers, and has raised $10M in seed funding from leading investors including Wicklow Capital, Jump Capital, Digital Currency Group, Sierra Ventures, Clocktower Technology Ventures, ThirdStream Partners and Alan Howard of Brevan Howard.  https://omniex.io/

About Gemini
Gemini Trust Company, LLC (Gemini) is a digital asset exchange and custodian that allows customers to buy, sell, and store digital assets such as bitcoin, ether and Zcash. Gemini is a New York trust company that is subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the NYDFS. Gemini was founded in 2014, by brothers Cameron and Tyler Winklevoss, to build a bridge to the future of money. Gemini, in partnership with the Cboe Futures Exchange, LLC, launched the first-ever bitcoin futures contract in December of 2017. Gemini is also the world's first licensed exchange to offer trading and custody services for ether and Zcash, in addition to launching the first regulated stablecoin, the Gemini dollar. For more information, visit Gemini.com.

View original content:http://www.prnewswire.com/news-releases/omniex-and-gemini-partner-to-deliver-high-performance-infrastructure-to-support-institutional-investors-300728518.html

SOURCE Omniex

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