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BeInCrypto Publishes 15-Firm Longlist for Top Institutional Crypto Liquidity Providers

BeInCrypto released its Institutional Research long list today, naming 15 firms from an initial pool of 30+ as top providers of institutional-grade crypto liquidity across OTC, market making, HFT, DeFi, and prediction markets. Scored 50% on quantitative metrics like trading volumes and 50% by an Expert Council, the list spotlights TradFi players (Flow Traders, Optiver, Cumberland) and crypto natives (Wintermute, GSR), with innovations in tokenized gold, WTI CFDs, and Solana stablecoin settlement. Firms like Wintermute ($15B+ daily volume) and Caladan ($170B+ annual) exemplify scale. This enhances market depth for BTCUSD trades, aiding ETP flows and adoption. Shortlist due May 2026; winner at Proof of Talk June 2-3.

Category

Bitcoin

Sentiment

Neutral

Event

Institutional outlook

Reading time

1 min