Key Points
- Flow Traders introduced a continuous over-the-counter trading platform designed specifically for tokenized assets.
- The platform facilitates bilateral liquidity provision for Franklin Templeton’s blockchain-based money market fund BENJI alongside Tether Gold XAUT.
- Verified institutional participants gain the ability to execute trades and manage positions beyond conventional trading hours via fiat or stablecoin settlement.
- Access remains restricted to authorized clients who successfully navigate comprehensive onboarding and identity verification protocols.
- Chief executive Thomas Spitz characterized tokenization as a potential milestone in financial market infrastructure development.
Flow Traders introduced a specialized over-the-counter platform enabling around-the-clock trading of tokenized assets for institutional market participants. The Amsterdam-listed market maker now delivers bilateral liquidity across select blockchain-based funds and commodities. This initiative represents a strategic extension of its digital asset capabilities while addressing institutional appetite for continuous market access.
Continuous OTC Platform Brings Institutional-Grade Tokenized Asset Access
The newly operational platform from Flow Traders enables institutional trading in blockchain-based assets without time constraints. Market participants can now access bilateral liquidity for [[LINK_START_0]]Franklin Templeton’s[[LINK_END_0]] BENJI, an onchain money market fund, as well as Tether Gold XAUT. Qualified institutions gain capabilities to execute transactions and adjust portfolio exposures after traditional markets close. Settlement flexibility includes both conventional fiat currency channels and stablecoin-based transactions. The service operates under a permissioned framework requiring participants to satisfy rigorous onboarding procedures and know-your-customer verification standards.
CEO Thomas Spitz positioned the development within broader transformations affecting capital markets infrastructure and investment accessibility. “Over the past two decades, evolving market structures, from ETFs to electronic trading, have transformed how investors access exposure,” Spitz noted. He continued, “Tokenization has the potential to be one of the next major steps in that evolution.” The organization emphasized that participation remains exclusively available to qualifying entities operating within its regulatory compliance structure.
Strategic Entry Aligns with Growing Institutional Interest in Tokenized Products
The platform launch arrives as competing digital asset market makers increasingly prioritize tokenized product offerings. Wintermute incorporated tokenized commodity support including Tether Gold and Pax Gold PAXG into its services during the previous month. GSR established a collaboration with DigiFT in August focused on secondary market OTC execution for tokenized real-world assets. These strategic moves collectively enhanced institutional pathways to blockchain-based versions of conventional financial instruments.
Current valuations place the real-world asset tokenization sector above $27 billion based on industry data. Forward-looking projections suggest potential multi-trillion dollar market evolution over subsequent years. Michael Lie, who leads digital asset operations globally for Flow Traders, offered measured perspective on expansion forecasts. In comments to The Block, Lie declined to endorse specific valuation targets for the sector.
Lie projected measured, non-uniform development patterns across various asset categories. He identified institutional acceptance rates and infrastructure maturation as primary expansion catalysts. Emerging application scenarios constitute another component of anticipated market progression. Flow Traders indicated its real-world asset product suite will adapt according to client requirements and evolving regulatory landscapes.
The company noted that service availability depends on jurisdictional frameworks and participant qualification criteria. Various entities comprising the Flow Traders organizational structure may deliver services contingent upon applicable regulatory permissions. Trading publicly on Euronext Amsterdam since 2015, Flow Traders maintains a market valuation exceeding $1 billion. The firm maintains active trading operations spanning equity securities, debt instruments, commodities, digital currencies, and currency exchange markets.
