Cryptocurrency exchange platform Bitfinex has selected Market Synergy GmbH, a Swiss-based provider of institutional standard cryptocurrency connectivity and security, to provide robust, high performance connectivity for institutional clients.

“We are very pleased to collaborate with Market Synergy to facilitate improved access to digital assets via Bitfinex. We are experiencing first hand the immense institutional interest in cryptocurrency trading and we are excited to be able to pioneer its development,” Paolo Ardoino, Bitfinex CTO said.

Market Synergy has designed and built a bespoke network for Bitfinex, hosted in a Swiss data centre in the heart of Crypto Valley. The network is highly secure, reliable and supported 24x7. In addition, Market Synergy can also manage co-location services for Bitfinex’s institutional clients and offer a FIX feed and ISP link to the digital asset gateway which Bitfinex recently launched in collaboration with Connamara.

“We are delighted to have been selected by Bitfinex, one of the world’s largest cryptocurrency exchanges to manage their global connectivity. We have worked very closely with Bitfinex to evaluate their needs, select the ideal data centre and set up the correct infrastructure to create a bespoke network with connections to their digital asset gateway for professional traders,” James Banister, CEO, Market Synergy, said.

“We are now ready to go live, having invested in and set up our infrastructure in a secure data centre in Switzerland which hosts servers for a number of major financial institutions. We can also offer colocation services to any Bitfinex institutional client.”

Market Synergy is a separate company within the FXecosystem Group, which also comprises of FXecosystem and Bondecosystem, both of which are institutional market leaders in outsourced connectivity in their respective asset classes.