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Centroid Solutions and Velo Protocol Announce Strategic Partnership to Drive Financial Innovation
Velo Protocol's blockchain technology will be combined with Centroid's CS 360 bridge engine to improve liquidity provision and trading.
By Tommy Wong | May 6, 2024
Short Answer
Centroid Solutions and Velo Protocol, a blockchain-based financial platform, announced a strategic partnership in May 2024. The partners plan to combine Velo Protocol's blockchain technology with Centroid's CS 360 multi-asset connectivity bridge engine to enhance liquidity provision, streamline trading operations and bring more efficiency, transparency and security to financial markets.
Dubai, UAE, 8 May 2024 – Centroid Solutions, a trailblazer in fintech solutions and Velo Protocol, a leading blockchain-based financial platform, have announced a groundbreaking partnership aimed at reshaping the landscape of financial services.
What does the partnership aim to achieve?
This strategic collaboration between Velo Protocol and Centroid Solutions is poised to set a new standard for innovation in the industry. By combining Velo Protocol’s cutting-edge blockchain technology with Centroid Solutions’ advanced multi-asset connectivity bridge engine, the partnership aims to unlock unprecedented opportunities for efficiency, transparency, and security in financial markets.
How CS 360 works with Velo's blockchain
Centroid Bridge (now known as CS 360), the multi-asset connectivity bridge engine from Centroid Solutions, offers brokers the ability to connect to multi-asset liquidity sources, facilitate liquidity management, and optimize their trading activities across various markets. By integrating this technology with Velo Protocol’s blockchain infrastructure, the partnership seeks to enhance liquidity provision, streamline trading operations, and minimize market impact for financial institutions.
The partnership between Velo Protocol and Centroid Solutions is poised to unlock synergies that drive innovation, efficiency, and growth in the financial sector. By leveraging their respective strengths and expertise, the partners aim to develop cutting-edge solutions that address the evolving needs of the industry.
About Centroid Solutions
Centroid Solutions is a fintech innovator specializing in risk management, quantitative analytics, connectivity, complex execution strategies and PnL optimization for multi-asset financial brokers. Centroid offers a complete suite of technology solutions and infrastructure that is specifically designed to help brokers optimize their business performance, expand their product offering and facilitate business growth.
To reach Centroid Solutions regarding business opportunities, please email , or for more information, please visit Centroid Solutions
Key takeaways
Centroid Solutions and Velo Protocol announced a strategic partnership in Dubai on 8 May 2024
Velo Protocol is a blockchain-based financial platform
The partnership combines Velo's blockchain technology with Centroid's CS 360 bridge engine
CS 360 was previously known as Centroid Bridge
Goals include better liquidity provision, streamlined trading operations and reduced market impact
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