AsiaNext, a premier, institution-only digital asset exchange, is pleased to announce the launch of their cross-exchange collateralisation and margining platform, the AsiaNext orchestration layer (“AXOL”).

This innovative solution, combined with the recent inaugural listing of a USD-denominated money market fund (MMF), is set to revolutionise the experience for their trading Members by seamlessly integrating its three trading venues and offering unparalleled capital efficiency.

AsiaNext operates across three key venues:

• AsiaNext Crypto Derivatives – where Members actively trade calendar and perpetual futures (and soon-to-be-launched options on futures),
• AsiaNext Securities * – MMFs are listed on this venue
• AsiaNext Crypto Spot ** 

An industry-leading solution, AXOL offers an efficient and user-friendly trading experience by streamlining cash and collateral management workflows and automating processes for Members.

Key Features of AXOL that can help members amplify their trading potential:

• Enhanced Capital Efficiency: AXOL enables Members to optimise capital utilisation by pledging various eligible collateral types for their derivatives position. This innovative approach enables Members to potentially reduce cost per trade, leverage their assets more efficiently and to choose to earn yield on their pledged assets.
• Portfolio Management: AXOL enables advanced portfolio management, helping Members to track, analyse, and thus support the optimisation of their complex trading strategies across all three AsiaNext venues.

Expanding Product Offerings

The inaugural listing of the MMF also marks a significant milestone for AsiaNext. This strategic move allows Members to invest their idle cash in the MMF as part of their overall investment strategy.

AsiaNext is actively working with several asset management partners to list additional funds in the near future, demonstrating strong industry interest in the platform. It also recently signed a landmark MOU with Valour and SovFi to collaborate on listing opportunities for its securities exchange.

“Our launch of the AsiaNext Orchestration Layer is a bold step into the future of institutional crypto trading,” said Neil Thomas, Chief Commercial Officer at AsiaNext. “By combining the power of blockchain technology with tried and tested finance principles, we are giving our members the edge they need to thrive in an increasingly complex trading environment.”

Source: AsiaNext