CRX Trade launches Swiss prime brokerage bridging crypto exchanges and Wall Street, as tokenized stock trading surges

RWA Signal Insight
InfrastructureCRX Trade, a Swiss institutional prime brokerage operated by RAS Capital GmbH, has launched a platform designed to unify trading across crypto exchanges and traditional Wall Street markets. By leveraging CoinRoutes technology, the platform allows hedge funds and trading firms to utilize a single pool of collateral, including bitcoin, stablecoins, and tokenized gold, to trade across ten venues such as Nasdaq, CME Group, and various crypto exchanges. This infrastructure addresses the historical inefficiency where institutions were forced to maintain fragmented accounts and separate risk systems for digital and traditional assets. The platform provides a unified framework for execution, custody, and risk management, enabling clients to execute trades across different venues as a single order. This development marks a significant step in bridging the gap between digital asset liquidity and traditional financial markets. By integrating tokenized assets into a prime brokerage model, CRX Trade aims to streamline capital efficiency for professional investors. The platform is currently available exclusively to institutional and professional clients, reflecting the growing demand for integrated multi-asset trading solutions.
Key points
- CRX Trade integrates crypto and traditional markets using CoinRoutes algorithmic trading technology.
- Clients can use bitcoin, stablecoins, and tokenized gold as a unified collateral pool.
- The platform connects to ten venues, including Nasdaq, CME Group, Binance, and Bybit.
- CoinRoutes has processed over $700 billion in lifetime notional volume for institutional clients.
Background
CRX Trade is a Swiss-based institutional prime brokerage operated by RAS Capital GmbH, a FINMA-recognized financial intermediary. It provides an Order Execution Management System (OEMS) and risk management tools that allow professional investors to aggregate liquidity from both centralized and decentralized venues. The platform functions as a bridge, enabling institutional clients to manage complex, multi-asset portfolios through a single interface.