Russia-based Avelacom, the IT infrastructure provider for the financial services industry, has recently added Gemini Trust Company LLC as its digital asset exchange and custodian, to its list of cryptocurrency exchange tech vendors in Equinix’s NY5 data centre.
The partnership will support both firms’ clients by providing increased connectivity options to Gemini. With this new partnership, Avelacom’s clients can connect directly to the exchange’s infrastructure to access market data and order routing via FIX protocol which is the global standard for professional traders and institutions in crypto markets.
Aleksey Larichev, CEO of Avelacom commented, “Gemini provides fundamental components to a robust, mature, and well-functioning cryptocurrency market including infrastructure for trading and custody. We believe this partnership will be beneficial for all involved as we match our tech capabilities to serve high-end trading firms across the US, Europe and Asia.”
Under this partnership, Gemini’s clients will also benefit from additional connectivity options via Avelacom’s network presence that includes major crypto exchange destinations such as New York, Dublin, Frankfurt, Zurich, San Jose, Tokyo, Hong Kong and Seoul. Clients of both companies can access the ideal environment for implementing diverse strategies requiring institutional grade infrastructure.
Avelacom is a connectivity and IT infrastructure solutions provider and it helps its clients to access new markets and enhances the data transmission while reducing IT costs by making use of its cloud technologies. Avelacon is an authorised vendor of the world’s exchanges including Australian Securities Exchange (ASX), Borsa İstanbul (BIST), CME Group, Dubai Gold & Commodities Exchange (DGCX), Singapore Exchange (SGX) and it also provides solutions for financial firms like hedge funds, investment banks, props trading firms.