Quadra and Copper launch Coinmatch
29 August 2025 Global
Image: Igor_Tichonow/stock.adobe.com
Quadra, a digital asset infrastructure firm, and Copper have launched Coinmatch — a multi-dealer request for quote (RFQ) platform for over-the-counter (OTC) trading.
The Coinmatch platform is powered by Copper, and supports both options and futures while streamlining execution and post-trade workflows.
It operates as a neutral infrastructure, working with the dealer community to help reduce manual touchpoints with integrated collateral management and settlement via Copper’s infrastructure.
Pedro Birmann, CEO at Quadra, states: “Derivatives markets thrive when there is price competition, workflow automation, and trust in the infrastructure.
“With Coinmatch, we strive to deliver all three — while respecting the role of market makers and the need for scalable, non-conflicted execution.”
Amar Kuchinard, global CEO at Copper, adds: "We’re excited to power Coinmatch, a multi-dealer RFQ platform purpose-built for trading crypto derivatives that's integrated with Copper's collateral and settlement solutions.
“This marks an exciting new era of efficiency and innovation for institutional crypto trading."
STS Digital, an institutional digital asset trading firm which specialises in OTC trading, will act as a leading market maker on the platform.
Maxime Seiler, CEO at STS Digital, says Coinmatch is "an important step forward for institutional trading infrastructure”, and “provides a clean, efficient way for both counterparties to engage”.
The Coinmatch platform is powered by Copper, and supports both options and futures while streamlining execution and post-trade workflows.
It operates as a neutral infrastructure, working with the dealer community to help reduce manual touchpoints with integrated collateral management and settlement via Copper’s infrastructure.
Pedro Birmann, CEO at Quadra, states: “Derivatives markets thrive when there is price competition, workflow automation, and trust in the infrastructure.
“With Coinmatch, we strive to deliver all three — while respecting the role of market makers and the need for scalable, non-conflicted execution.”
Amar Kuchinard, global CEO at Copper, adds: "We’re excited to power Coinmatch, a multi-dealer RFQ platform purpose-built for trading crypto derivatives that's integrated with Copper's collateral and settlement solutions.
“This marks an exciting new era of efficiency and innovation for institutional crypto trading."
STS Digital, an institutional digital asset trading firm which specialises in OTC trading, will act as a leading market maker on the platform.
Maxime Seiler, CEO at STS Digital, says Coinmatch is "an important step forward for institutional trading infrastructure”, and “provides a clean, efficient way for both counterparties to engage”.
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