Bitfinex has partnered with global credit network Hidden Road to expand institutional access to digital assets. Institutional investors associated with Hidden Road can now utilize Bitfinex’s digital asset offerings.

Bill Brindise, Head of Business Development at Bitfinex, expressed enthusiasm about the partnership, stating, "We are pleased to welcome Hidden Road and their clientele to our robust digital assets exchange platform. At Bitfinex, we pride ourselves on providing advanced trading features, deep liquidity, and a diverse range of trading pairs, all supported by a secure infrastructure. We are confident that Hidden Road’s clients will benefit from exploring our extensive product offerings tailored for institutional and professional investors."

Hidden Road specializes in brokerage services for institutional clients such as hedge funds and proprietary trading desks. The collaboration with Bitfinex aims to enhance Hidden Road’s capabilities in digital asset trading. Bitfinex also offers derivatives, expanding its range of crypto exposure options for institutional investors.

Michael Higgins, Global Head of Business Development at Hidden Road, emphasized their commitment to delivering modern technology and seamless workflows across various asset classes, including digital assets. "Integrating with Bitfinex reinforces our dedication to improving access and choice for our clients," he added. "We are excited to provide our counterparties with access to this leading platform."

Interest in cryptocurrencies is rising among institutional investors. A recent study by BNY Mellon Wealth Management found that 39% of surveyed family offices are actively investing in or considering investments in this asset class. Additionally, Statista data shows that 76% of hedge funds had at least 1% of their portfolios allocated to crypto investments last year.