BlockFills, a digital asset trading company, is partnering with TPAC Capital to offer structured product solutions to institutions with cryptocurrency.
With this partnership, BlockFills will be one of the few global digital asset electronic trading firms to offer institutions tailored cryptocurrency structured product options. Structured product solutions help institutions manage cryptocurrency exposure and develop solutions for a variety of issues, including risk-return objectives, return enhancement, cost reduction, crypto pricing volatility, and cash flow management. Also, banks, hedge funds, and others will have the opportunity to offer structured product solutions for their clients through this partnership.
“Institutions have sought increasingly customizable strategies to help maximize their cryptocurrency investments while hedging against or capitalizing on market volatility,” said Nick Hammer, co-founder and CEO of BlockFills. “This structured product solution is our answer for these institutions. Combining TPAC’s 40-plus years of experience tailoring such solutions for volatile commodities with our best-in-class electronic trading technology solutions like Vision and Phoenix, institutions now have more customization and control over their cryptocurrency investment strategies.”
TPAC is the cryptocurrency joint venture of Pack Creek Capital and Finance Michigan — both of which are commodities industry leaders.
“This integration with BlockFills will help shape the future of institutional digital asset and crypto trading,” Michael Ortiz, founder of TPAC, said. “Now, with our customizable structured product solutions available, BlockFills clients can structure the right cryptocurrency investment solution that works for them, combining nonlinear and linear options on a case-by-case basis that will benefit their business and investment strategies.”