CoinRoutes has launched dedicated FIX connectivity to crypto market maker Wincent, enabling institutional clients to access Wincent’s liquidity directly through the CoinRoutes order and execution management system. The integration went live with one undisclosed institutional client and follows Wincent’s March partnership with Wyden’s liquidity network. The arrangement maintains bilateral commercial and credit relationships between each client and Wincent, while eliminating the need for trading desks to build separate technical connections to Wincent’s FIX API. Institutions already using CoinRoutes can now add Wincent as an additional liquidity provider while continuing to utilize CoinRoutes’ smart order routing, execution algorithms, and portfolio management tools. The model is non-exclusive, allowing both parties to establish similar partnerships elsewhere. CoinRoutes CEO Ian Weisberger emphasized that clients demand both market reach and direct counterparty relationships simultaneously.
**
FXnCO Insight
** Institutional crypto desks gain consolidated access to expanding liquidity sources without additional technical infrastructure investment, reducing operational costs while maintaining critical counterparty control.
Source: Finance Magnates