Caladan Group Launches OTC Options Desk to Expand Structured Product Offerings for Institutional Investors
Singapore, Singapore, 18th October 2024, Chainwire
Singapore, Singapore, October 17th, 2024, Chainwire
Leading digital asset trading group Caladan is proud to announce the opening of its over-the-counter options desk to offer crypto-structured products for institutional and accredited investors.
Strategic Expansion Into Structured Products
Caladan’s decision to expand into structured products is a natural expansion of how it partners with crypto token projects, and is highly synergistic with its existing venture capital investing and market-making activities.
“For years, we’ve supported crypto startups at their very earliest stages as a venture capital investor, and also at token listing with our market-making capabilities across CEFI and DEFI”, said John Gu, CEO of the Caladan Group, “Now, we are expanding further across the token project lifecycle by providing treasury solutions for token foundations and key investors that will enable them to protect their investments.”
Remi Colinmaire Appointed as Head of Options Trading
Caladan has appointed Remi Colinmaire as its Head of Options Trading. Colinmaire, who is based out of the Caladan Group’s Singapore office, brings over twenty years of experience in options and volatility trading to the role. He began his career as an options market-maker at BNP Paribas, and has previously been a Managing Director at Goldman Sachs and a Portfolio Manager at AlphaDyne Asset Management specialising in index volatility trading.
“I am delighted to join Caladan to build out the structured products and options business”, said Colinmaire. “Despite being a nascent market, digital assets options are poised to grow tremendously from here as it is only natural that more institutions and sophisticated investors are looking for capital efficient financing solutions. I feel Caladan is perfectly positioned to service these investors and I am thrilled to be part of that initiative,” he added.
Options Products Available on 200+ Tokens
As an alt-coin specialist, Caladan will be offering a range of derivative solutions on a large number of different tokens.
These products will allow token foundations and institutional investors to potentially generate yield on and hedge the risk of their holdings.
“Token foundations and institutional investors often don’t want to sell their holdings as they believe in the project for the long run”, said Will Leung, Caladan’s Head of Business Development. “Instead, we are seeing increased demand from the most savvy foundations and investors for solutions to be able to monetize their holdings to fund strategic business needs while also protecting their capital in this volatile environment.”
Caladan Group’s structured products solutions will only be available to institutions and accredited investors subject to strict customer due diligence. These products are not offered to retail investors or the general public in Singapore.
About Caladan
Caladan makes digital asset markets more efficient and fair. We support exchanges, tokens, and institutional investors with on-exchange liquidity, DeFi expertise, treasury solutions, and investments. Since 2017 we’ve been a pioneer in crypto market-making, powering over $50B in annual transactions across 1000+ assets.
For more information users can visit Caladan’s: Official Website | Twitter (X) | Linkedin
Contact
Head of Ecosystem
Stephany Zoo
Caladan
stephany@caladan.xyz
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