A cryptocurrency clearinghouse now enables OTC desks to avoid the responsibility of cryptocurrency custody while also minimizing counterparty risk. KeyTango, an Israel-based startup that offers non-custodial clearing services, recently piloted options trading with over-the-counter (OTC) firm GSR Markets, in which the OTC desk did not receive the seller’s collateral in advance.The post Crypto clearinghouse partners with OTC desks to minimize default risk in crypto trading appeared first on The Block.
