The long-awaited “wall of institutional money” is starting to arrive in the crypto space — and without doubt, the required infrastructure to support it has not yet been built. To that end, Bitcoin’s rise to global prominence may be so rapid in the coming months, it is likely we will see an all-out “arms race” to either build, or acquire, the back office products and services required.
As discussed in an introductory article two days ago, DLCC, or Digital Lending Capital Corp, may well be, when launched in the VERY near-term, the ONLY institutional grade, full-service Prime Brokerage solution in the crypto market — supporting trade settlement, custody, margin loans, securities lending, and staking operations. Created by a team of seasoned Wall Street veterans — in technology, trading, and operations — that know EXACTLY what hedge funds and other institutional investors require; and how crypto works; we have no doubt DLCC will rapidly become one of, if not the leader in back office Prime Brokerage technology and services.
Key to its success has been the project’s fortuitous timing, as for the past 18 months this incredibly complex software has been in development — at a time that no other such project is on our radar. In fact, the only one we have heard of is in Europe — where financial rules are so different, the software is for all intents apples-to-oranges relative to DLCC.
Otherwise, companies anxious to get into the crypto prime brokerage space have been acquiring firms with one or two core strengths — like, for instance, a custody manager, OTC trading desk, or software expert; including several major exchanges, who would like to build such a capability from within, but can only find bits and pieces to acquire.
This is why we believe DLCC will be in significant demand when it imminently launches its 1.0 offering — from both crypto hedge funds requiring such services (particularly the hundreds likely to launch January 1st), and crypto exchange and banking entities seeking to gain a foothold in the potentailly EXTREMELY lucrative crypto prime brokerage space.
So, if you are looking to participate in crypto Prime Brokerage — as a user, or operator — it would be wise to contact DLCC ASAP…as once 1.0 imminently launches, the Prime Brokerage space will look significantly different than today!
Digital Lending Capital Corp is Crypto’s first full-service Prime Brokerage software solution — fully online, and actively operating in today’s exploding digital market. For more information, please go to https://www.dlcc.co/; email me at ahoffman@cryptogoldcentral.com; or Mike Hamill, Global Head of Hedge Fund Sales, at mike@dlcc.co.