StoneX Digital Asset Weekly Commentary - Bybit Hack
Thu, Feb 27, 2025 at 04:22 PM UTC
StoneX Digital
Digital asset services with personalized expertise
At StoneX Digital, we offer a comprehensive suite of institutional-grade services providing solutions for digital assets and full blockchain implementations. From deep liquidity and custody to high-touch service and professional market analysis, we help clients gain exposure and confidently navigate the evolving digital asset ecosystem.
StoneX Digital provides institutional clients trusted access to the digital asset ecosystem
A trusted partner for digital asset financial services
Our digital asset services clients
StoneX Digital helps institutional investors and market participants navigate the complex digital asset services space.
StoneX Group solutions
StoneX Group offers a wide variety of customized financial services to help you meet your strategic needs.
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Sales & tradingWe provide high-touch electronic execution, post-trade settlement and clearing for equities, derivatives and fixed income. -
Clearing & custodyStoneX pairs international clearing and custody service with top-tier customer service for a variety of correspondents. -
Capital markets servicesWorld-class banking expertise and global capabilities for sourcing capital and securing financial solutions. -
Prime brokerage solutionsMaximize your portfolio with our prime brokerage solutions. At StoneX Global Prime Services, we offer a full suite of prime services designed to support your financial strategies.
Crypto trading solutions
StoneX Digital International Limited, a Central Bank of Ireland-approved institutional crypto custodian, provides flexible crypto custody solutions designed to meet the needs of institutional investors. Our comprehensive custody services ensure institutional-grade crypto trading solutions, allowing clients to seamlessly custody and manage crypto assets within a regulated framework.
- Blockchain solutions for Hot Wallet and Cold Wallet storage, safeguarding private keys with robust security measures.
- Integration with StoneX’s prime brokerage services, including Fixed Income, Equities, and Futures, enabling greater capital efficiency.
- Crypto clearing and settlement solutions, offering institutional crypto custody providers flexible options for executing and settling trades.
- Hosted on StoneX architecture, governed by a regulatory framework ensuring compliance with evolving standards for real-world assets.
Institutional capabilities
From a customizable, self-directed digital asset trading platform, StoneX Digital LLC clients can access StoneX Group’s OTC market-making and order desk, plus receive market color and analysis.
- Combines electronic trading capabilities and high-touch customer service
- Institutional grade accessibility, enhanced smart order routing, and middle office functionality
- Directly integrated with liquidity venues, custody partners, and downstream books and records
- Access StoneX Digital liquidity via desktop UI, API/FIX, or voice/chat
Digital asset prime services
Alongside our award-winning EMEA Prime Brokerage teams, StoneX Digital helps corporate and financial institutions seamlessly integrate digital assets into a traditional Prime Brokerage model. We enable clients to transfer collateral between entities and asset classes, recognize products for better margin treatment and support multi-asset trading platforms.
Crypto institutional lending: maximize capital efficiency
Our digital asset trading platform is fully integrated with StoneX’s traditional financial products allowing for streamlined operational and capital efficiency.
- Borrow, lending, and shorting capability to maximize capital efficiency (fiat, stablecoins, and tokens) on a fully collateralized, risk-managed basis.
- Digital Asset financing
- Options on digital assets
- Cross product margining
Crypto as an asset class
Our digital asset offering is designed for institutional investors interested in exploring blockchain digital asset management in the digital asset space.
Digital assets provide institutional investors ways of:
Digital assets tailored for institutional investors
As digital assets continue to evolve as a new asset class, StoneX remains committed to delivering innovative solutions for financial institutions. StoneX Digital’s asset platform enables efficient collateral management, while StoneX group, through its affiliated subsidiaries, offers an asset platform for OTC desks provides deep liquidity, seamless execution, and institutional-grade infrastructure. With a multi-asset approach, we empower financial institutions to navigate the digital asset ecosystem with confidence and efficiency.
Digital asset management for family offices
StoneX Group and StoneX Digital provide tailored digital asset solutions for family offices, offering seamless support from onboarding to reporting and integration. Whether serving single or multi-family offices, our custody solutions ensure institutional-grade security, regulatory compliance, and operational efficiency. We work closely with family office Administrators to streamline digital asset management, helping them navigate the evolving crypto landscape with confidence.
Market Intelligence for Digital Assets
Customer engagement
- Weekly commentary distributed to 2000+ institutional investors. Each note focuses on a thematic idea that is topical to the space, including trading color and links to the week's most important news.
- Industry roundtables for sharing best practices, discussing topical events impacting digital assets, and networking with peers.
- Allow us to share our experiences and help educate you and your colleagues in navigating the digital asset ecosystem.
Digital asset market analysis & events
We distribute market commentary and professional analysis covering major digital asset events and other data from around the markets – publishing concise, actionable reports on commodities, equities, currencies, and global macro – so you can make informed decisions in volatile markets.
Receive engagement on markets and digital asset trends. StoneX Digital regularly hosts forums with industry leaders and regularly attends or hosts global digital asset events.
Market Intelligence: Latest research
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StoneX Digital Asset Weekly Commentary - MegaETH
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StoneX Digital Asset Weekly Commentary - Crypto in Washington
Thu, Feb 6, 2025 at 05:41 PM UTC
FAQs
What tokens does StoneX Digital asset services support for trading?
Tokens supported for trading vary by region.
Does StoneX Digital provide custody services?
In the US, StoneX Digital LLC does not support Custody. In Ireland, StoneX Digital International Limited is a fully regulated custodian registered with the Central Bank of Ireland as a Virtual Asset Service Provider.
Are clients required to use StoneX Digital custody to trade?
No. StoneX Digital can provide non-custodial execution services with the ability to settle into any custody solution.
What trading hours does StoneX Digital support
StoneX Digital supports electronic access to liquidity 24/7 and high-touch voice/chat execution for US market hours.
Are clients required to pre-fund in order to trade?
No. StoneX allows for clients to access intra-day liquidity without pre-funding their trading (subject to credit review).
Does StoneX Digital provide a UI for self-directed trading?
Yes. StoneX Digital can provide clients with a desktop UI, with 2FA security, allowing them to self-direct their trading activity. Additionally, StoneX Digital supports custom OMS access via FIX or API connectivity to our environment.
How is StoneX Digital regulated as a custodian of digital assets?
As a Virtual Asset Service Provider (VASP), StoneX has received regulatory approval from the Central Bank of Ireland to custody digital assets. The Markets in Crypto Assets Regulation (MiCA) is now in force in the European Union and we are in the process of seeking a custody permission under this regime.
Who are StoneX Digital’s primary clients?
StoneX Digital’s clients include institutional investors, asset managers, registered investment advisors, endowments, exchange traded funds, family offices, hedge funds, insurance companies, pension funds, sovereign wealth funds, corporate treasury, token protocol.
Why should institutional clients choose StoneX Digital over competitors?
We provide institutional investors with the financial tools and technology needed to trade and manage digital assets efficiently. Our offering is built on innovative, cutting-edge technology designed to meet the demands of institutional investors in the digital asset space. From personalized account management to responsive client support, we prioritize your success at every step.
StoneX: We open markets
Our market expertise, advanced platforms, global reach, culture of full transparency and commitment to our clients’ success all set us apart in the financial marketplace.
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ReachWith access to 40+ derivatives exchanges, 180+ foreign exchange markets, nearly every global securities marketplace and numerous bi-lateral liquidity venues, StoneX’s digital network and deep relationships can take clients anywhere they want to go.
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TransparencyAs a publicly traded company meeting the highest standards of regulatory compliance in the markets we serve; our financials and record of accomplishment are matters of public record. StoneX’s commitment to “doing the right thing over the easy thing” sets us apart in the industry and helps us build respect, client trust and new partnerships.
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ExpertiseFrom our proprietary Market Intelligence platform, to “boots on the ground” expertise from award-winning traders and professionals, we connect our clients directly to actionable insights they can use to make more informed decisions and achieve their goals in the global markets.
The StoneX Group Inc. group of companies provides financial services worldwide through its subsidiaries, including physical commodities, securities, exchange-traded and over-the-counter derivatives, risk management, global payments and foreign exchange products in accordance with applicable law in the jurisdictions where services are provided. StoneX Digital LLC and StoneX Digital International Limited are subsidiaries of StoneX Group Inc. and are dedicated to providing institutional clients with access to multiple products and services for digital assets. StoneX Digital International Limited is registered by the Central Bank of Ireland for Anti-Money Laundering and Countering the Financing of Terrorism purposes only (Reference C526524) under the Criminal Justice Act 2010 to 2021.
Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are sometimes exchanged for government backed currencies (known as fiat) or other currencies around the world, but they are not generally backed or supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies.
Cryptocurrencies are not covered by either FDIC or SIPC insurance in the United States, or the Irish Deposit Guarantee Scheme. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency. Purchasing cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, cryptocurrency markets and exchanges may not be regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing.
This material contained herein is intended for Institutional and Investment Professional Use Only and may not be distributed to the investing public. The views expressed are those of the author and are current only through the date stated. These views are subject to change at any time based upon market or other conditions, and StoneX Group Inc. disclaims any responsibility to update such views. Past performance is no guarantee of future results.
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