Scale Without Headcount
Automate quoting, eliminate voice trading overhead, reduce operational costs, and scale your business efficiently.
Institutional OTC
The Challenge
Voice and chat-based trading creates friction at every stage of the workflow.
Voice and chat are unscalable. Manual processes create bottlenecks that limit growth.
Human-dependent quoting means missed opportunities when your team isn't online.
Every quote, every trade, every settlement requires manual intervention and verification.
Fragmented audit trails and manual record-keeping create regulatory risk.
The Solution
Mercury OTC automates the workflow from price discovery to settlement. It keeps the flexibility institutional traders still need.
RFQ, RFS, and streaming quotes available around the clock without manual intervention.
Single-dealer, multi-dealer, or hybrid configurations to match your business model.
Built-in trade desk tools with full audit trails and regulatory adherence.
Fully customizable client-facing UI with your branding and workflows.
Platform Capabilities
Advanced order types, customizable workflows, real-time market data across spot, futures, perpetuals, and options.
Automated ledger management with seamless DvP settlement via BitGo integration.
Comprehensive compliance, risk management, and performance analysis with full audit trails.
Who Benefits
Automate quoting, eliminate voice trading overhead, reduce operational costs, and scale your business efficiently.
Access deep OTC liquidity with electronic RFQ workflows, transparent pricing, and integrated settlement. Replace fragmented voice and chat processes.
Reach institutional buyers electronically and expand your client base without operational complexity.
Infrastructure
Pre-trade, intra-trade, and post-trade safeguards to protect every transaction.
Full audit trails and regulatory adherence built into every workflow.
Low-latency execution with reliable connectivity and high throughput.
Architecture designed to grow with your business without compromises.
Asset Coverage
Market Context
OTC desks are seeing materially faster volume growth than centralized exchange spot markets, while settlement performance is becoming a competitive differentiator.
109%
Institutional crypto spot OTC trading volumes rose 109% year over year in 2025, based on research covering more than 15 million institutional spot trades.
Source: Finery Markets, State of Crypto OTC 20269%
Top-20 centralized exchanges managed only about 9% spot growth over the same period, underscoring the OTC-versus-exchange divergence.
Source: Finance Magnates, February 202690%
A top-20 payments company reduced cross-border settlement time from T+2 to under 20 minutes using blockchain-based settlement infrastructure.
Source: 7BlockLabs case studyMarket Signal
Market Signal
“Institutional trading activity is increasingly spread across OTC desks, derivatives venues, and on-chain platforms.”
Tanya Chepkova, Finance Magnates, 2026
Source: Finance Magnates, Crypto Spot OTC Rises 109% YoY as CEX Spot Growth Remains Muted: Finery Markets
FAQ
Client Validation
K33 used Liquid Mercury to scale OTC operations without rebuilding internal systems. OTC volumes grew 5x while the broader market contracted.
Client Story
“Liquid Mercury gave us the execution infrastructure to scale our OTC operations without rebuilding our internal systems. The workflow fit was immediate and the implementation support was genuinely hands-on.”
Torbjørn Bull Jenssen
Founder and CEO, K33
Get Started
See Mercury OTC in action. Schedule a personalized demo with our team.
Request Demo