News:

Membrane Streamlines Derivatives Between Industry Leaders XBTO and Arbelos

January 22, 2024
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Membrane Team
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Seamless end-to-end management of OTC derivatives transactions is now a reality, following the successful launch of Membrane’s latest software vertical.

Membrane’s next-generation derivatives management platform, which also facilitates ongoing management of portfolio-level collateral and trade flow settlement, was first used to book a trade between two industry leaders, XBTO and Arbelos Markets, following many months of development and testing.

“Our technology streamlines the entire derivatives trade process on a single platform and introduces novel solutions for managing counterparty risk,” said Membrane CEO Carson Cook.

“We are proud to collaborate with XBTO and Arbelos, setting new standards for institutions to access capital markets and manage their portfolios. The ease and safety of Membrane’s derivatives platform can support a more robust OTC market structure for crypto.”

“Membrane’s platform addresses several critical challenges in our industry, said Arbelos CEO Joshua Lim. “The seamless integration of booking, managing collateral with smart contracts, and executing trades, coupled with advanced margin functions, is a smart approach to crypto derivatives trading. This is a significant step in mitigating operational risks and enhancing our company’s trade efficiency.”

Paul Eisma, Head of Options and Trading at XBTO, said: “As a pioneer in institutional crypto finance, XBTO is proud to be a counterparty in the inaugural OTC digital asset options trade using Membrane’s technology. Membrane has developed cutting-edge institutional OTC options tools that cover every aspect of the trading life cycle, including collateral and margin management, RFQ, settlement, and reporting. This seamless and highly efficient workflow represents a significant milestone in the growth of the institutional OTC digital asset derivatives market. XBTO is excited to be a part of this transformative development.”

Membrane is committed to innovation and excellence in providing modular and customizable digital asset infrastructure. Its derivatives platform significantly evolves the digital asset landscape from an unstructured operational environment to offering a frictionless, efficient, and professional trading software set for enterprises to manage a myriad of risks. The platform’s comprehensive flow ensures a seamless experience for all users.

 

 

Full Press Release:

Membrane’s State-of-the-Art Digital Asset Derivatives Platform Supports Inaugural OTC Trade for XBTO and Arbelos

 

View on PR Newswire

[Miami, FL, January 22, 2024] – Membrane Labs, Inc., a leading digital asset management software firm, has announced the launch of its next-generation derivatives management platform. The platform enables a seamless end-to-end management of OTC derivatives transactions, including the ongoing management of portfolio-level collateral and trade flow settlement. The platform redefines derivatives trading management in the digital asset space for institutions, solving operational efficiency and risk management issues while providing a superior OTC trading experience. The first trade on the platform took place earlier this week between two industry leaders, XBTO and Arbelos Markets, utilizing Membrane’s end-to-end infrastructure.

“Clients see Membrane’s platform as a game-changer in the digital asset space,” said Carson Cook, CEO of Membrane. “Our technology streamlines the entire derivatives trade process on a single platform and introduces novel solutions for managing counterparty risk. We’re proud to collaborate with XBTO and Arbelos, setting new standards for institutions to access capital markets and manage their portfolios. We believe the ease and safety of Membrane’s derivatives platform can support a more robust OTC market structure for crypto.”

Mike Geraci, Membrane’s Head of Derivatives, said “Membrane is unlocking the true potential of the OTC derivatives market and solving the fragmented nature of the ecosystem by providing an integrated toolset for direct market access, settlement, custom pairs and valuations, and collateral management.  With this infrastructure in place, we expect robust trading volumes and liquidity to gravitate to OTC markets.”

Arbelos Markets is a principal trading firm specializing in derivatives, from the high-touch to programmatic. Joshua Lim, CEO of Arbelos, highlighted the platform’s impact: “Membrane’s platform addresses several critical challenges in our industry. The seamless integration of booking, managing collateral with smart contracts, and executing trades, coupled with advanced margin functions, is a smart approach to crypto derivatives trading. This is a significant step in mitigating operational risks and enhancing our company’s trade efficiency.” Shiliang Tang, President of Arbelos, added, “The ease of updating margin requirements and collateral movement with enhanced visibility through Membrane has significantly simplified our operational processes. This has further provided a level of transparency to the bilateral derivatives landscape that has been sorely lacking within the industry. We’re excited to be pushing the boundaries forward.”

Established in 2015, XBTO offers a comprehensive platform for digital assets and tailored investment solutions catered to sophisticated non-US investors and institutions. Paul Eisma, Head of Options and Trading at XBTO, said, “As a pioneer in institutional crypto finance, XBTO is proud to be a counterparty in the inaugural OTC digital asset options trade using Membrane’s technology. Membrane has developed cutting-edge institutional OTC options tools that cover every aspect of the trading life cycle, including collateral and margin management, RFQ, settlement, and reporting. This seamless and highly efficient workflow represents a significant milestone in the growth of the institutional OTC digital asset derivatives market. XBTO is excited to be a part of this transformative development.”

Membrane is committed to innovation and excellence in providing modular and customizable digital asset infrastructure. Its derivatives platform significantly evolves the digital asset landscape from a once chaotic operational environment to offering a frictionless, efficient, and professional trading software set for enterprises to manage a myriad of risks. The platform’s comprehensive flow ensures a seamless experience for all users. For more information about Membrane and its digital asset management products for lending, spot trading, derivatives, collateral management, settlement, and reporting, visit MembraneLabs.com

About Membrane Labs

Membrane is a software infrastructure provider for enterprise-grade capital market access integrated with a custody-agnostic settlement network. Membrane’s trading applications allow for seamless management and cross-chain settlement of OTC spot trades, loans, derivatives, and associated collateral management with fully customizable report creation.

*Clients are required to independently negotiate and document arrangements with other parties bilaterally. Membrane is not party to any of these arrangements or transactions. Certain product offerings may not be available in all jurisdictions.

 

 

 


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