Key Highlights
- Amsterdam-based Flow Traders activates continuous OTC trading desk for tokenized financial products targeting institutional participants.
- The platform delivers market-making services for Franklin Templeton’s blockchain-based money market fund BENJI alongside Tether Gold XAUT.
- Verified institutional participants gain ability to execute trades and manage risk positions beyond conventional trading hours via fiat or stablecoin settlement.
- Access remains restricted to authorized participants completing mandatory compliance verification and identity checks.
- Flow Traders CEO Thomas Spitz positions tokenization as a transformative development in financial market infrastructure.
Amsterdam-listed Flow Traders has activated continuous trading capabilities for tokenized financial products through its institutional OTC platform. The market maker delivers bilateral liquidity for select blockchain-based investment vehicles and digitized commodities. This strategic expansion broadens the firm’s digital asset footprint while addressing institutional appetite for uninterrupted market access.
Market Maker Activates Continuous Trading Infrastructure for Blockchain Assets
Flow Traders now facilitates transactions in digitized securities through its always-available OTC infrastructure. The service provides bilateral pricing for Franklin Templeton’s blockchain-native money market vehicle BENJI plus Tether Gold XAUT. Qualified institutional participants can execute positions and adjust portfolio exposure during periods when conventional markets remain closed. Transaction settlement accepts both traditional currencies and digital dollar equivalents. The firm maintains strict access controls requiring participants to satisfy comprehensive compliance and customer identification protocols.
Chief executive Thomas Spitz positioned the offering within broader financial market evolution patterns. He noted, “Over the past two decades, evolving market structures, from ETFs to electronic trading, have transformed how investors access exposure.” He continued, “Tokenization has the potential to be one of the next major steps in that evolution.” The organization emphasized that service availability extends exclusively to counterparties meeting its regulatory compliance standards.
Strategic Move Aligns with Industry-Wide Embrace of Digitized Securities
Flow Traders entered the tokenized securities space alongside competing crypto market makers pursuing similar opportunities. Wintermute activated support for digitized precious metals including Tether Gold and Pax Gold PAXG during the previous month. GSR established a collaboration with DigiFT last August to enable secondary OTC liquidity for tokenized real-world instruments. These initiatives collectively enhanced institutional channels for accessing blockchain-encoded versions of conventional financial products.
The real-world asset sector currently surpasses $27 billion in total value, based on industry tracking data. Forward-looking estimates indicate potential expansion into trillion-dollar territory within the approaching years. Michael Lie, who leads digital asset operations globally at Flow Traders, commented on market size projections. He informed The Block that the firm refrains from publishing specific valuation forecasts for the category.
Lie characterized anticipated expansion as measured and differentiated among various asset categories. He emphasized that mainstream institutional participation combined with maturing technical infrastructure would propel sector development. He identified emerging practical applications as additional components of the expected growth path. Flow Traders indicated it will modify RWA product selection according to client requirements and jurisdictional compliance considerations.
The organization clarified that service offerings may differ based on geographic location and participant qualification criteria. Various legal entities within the Flow Traders organizational structure may deliver services contingent on applicable regulatory frameworks. Flow Traders completed its public listing on Euronext Amsterdam in 2015 and maintains a market valuation exceeding $1 billion. The company maintains trading operations spanning equity securities, debt instruments, physical commodities, cryptocurrency markets, and currency exchange platforms.




