Flow Traders Launches 24/7 OTC Desk for Tokenized Assets

TLDR

• Flow Traders has launched tokenized asset trading through its 24/7 over-the-counter platform for institutions.
• The firm provides two-way liquidity for Franklin Templeton’s onchain money market fund BENJI and Tether Gold XAUT.
• Institutional counterparties can trade and hedge exposure outside traditional market hours using fiat or stablecoins.
• The company limits access to permissioned clients who complete onboarding and KYC requirements.
• CEO Thomas Spitz said tokenization could mark the next step in the evolution of market structure.

Flow Traders has launched tokenized asset trading through its 24/7 OTC platform for institutional clients. The firm now provides two-way liquidity for selected onchain funds and tokenized commodities. The move expands its crypto operations and targets growing demand for round-the-clock access.

Flow Traders Rolls Out Tokenized Assets Trading for Institutions

Flow Traders now supports trading in tokenized assets through its continuous OTC desk. The platform offers two-way liquidity for Franklin Templeton’s onchain money market fund BENJI and Tether Gold XAUT. Institutional counterparties can trade and hedge exposure outside traditional market hours. They can settle transactions using fiat currencies or stablecoins. The firm restricts access to permissioned clients who complete onboarding and KYC checks.

Chief executive Thomas Spitz linked the launch to changing market structures and investor access models. He said, “Over the past two decades, evolving market structures, from ETFs to electronic trading, have transformed how investors access exposure.” He added, “Tokenization has the potential to be one of the next major steps in that evolution.” The company confirmed it will serve only eligible participants under its compliance framework.

Expansion Follows Broader Push into Tokenized Assets Market

Flow Traders expanded into tokenized assets as other crypto market makers entered the segment. Wintermute began supporting tokenized commodities such as Tether Gold and Pax Gold PAXG last month. GSR partnered with DigiFT in August to launch secondary OTC trading in tokenized real-world assets. These developments increased institutional access to blockchain-based representations of traditional products.

The real-world asset market now exceeds $27 billion, according to industry estimates. Some projections suggest the market could reach trillions of dollars in the coming years. Michael Lie, global head of digital assets at Flow Traders, addressed growth expectations. He told The Block he would not assign a specific forecast value to the sector.

Lie said growth would remain gradual and uneven across asset classes. He stated that institutional adoption and improving infrastructure would drive expansion. He also cited developing use cases as part of the expected trajectory. Flow Traders said it will adjust RWA coverage based on counterparty demand and regulatory factors.

The firm confirmed product availability may vary by jurisdiction and client eligibility. Different entities within the Flow Traders group may offer services depending on regulatory status. Flow Traders was listed on Euronext Amsterdam in 2015 and holds a market capitalization of over $1 billion. The company operates across equities, fixed income, commodities, crypto, and foreign exchange markets.

The post Flow Traders Launches 24/7 OTC Desk for Tokenized Assets appeared first on CoinCentral.