Flow Traders is expanding its footprint in digital assets with the launch of a 24/7 over-the-counter (OTC) liquidity service for tokenized markets, extending its traditional market-making expertise into always-on trading.
The ETP specialist announced Tuesday that institutional clients can now access continuous liquidity for tokenized versions of equities, commodities, and money market funds—eliminating the constraints of traditional market hours. The offering is designed to help firms manage risk and maintain capital efficiency even when global exchanges are closed.
Delivered via Flow Traders’ Digital Asset OTC platform, the service provides continuous two-way pricing across a range of tokenized instruments, including Franklin Templeton’s BENJI and Tether Gold (XAUT). The platform remains active around the clock, quoting buy and sell prices regardless of whether underlying markets are open.
The service is immediately available to approved institutional counterparties, with access provided through FIX connectivity and other standard trading infrastructure.
CEO Thomas Spitz said the launch reflects Flow Traders’ long-standing role bridging traditional and digital markets, bringing regulated tokenized assets into a 24/7 trading framework.
The initiative directly addresses a persistent issue for institutional investors: the inability to rebalance or hedge positions outside regular trading hours. Recent geopolitical volatility, including escalating tensions between Iran and Israel over weekends, has underscored the need for continuous market access as crypto markets remain active while traditional desks are offline.
Marc Jansen, co-chief trading officer at Flow Traders, said demand is being driven by institutions seeking uninterrupted exposure management. He noted that tokenized equities and commodities are gaining traction on platforms such as Binance, OKX, and Hyperliquid, where weekend trading activity increasingly contributes to price formation.
According to Jansen, OTC liquidity is particularly critical for large trades, where exchange liquidity is still developing. By offering deeper and more reliable pricing, the service supports smoother execution in off-hours markets.
Flow Traders also highlighted the rapid growth of tokenization, noting that tokenized gold and silver markets are approaching $6 billion in value—roughly quadrupling since the end of 2024.
Tether CEO Paolo Ardoino emphasized that liquidity providers play a key role in ensuring efficient trading and expanding access to tokenized assets like XAUT across venues.
With two decades of experience in market-making across ETPs, digital assets, fixed income, FX, and commodities, Flow Traders believes it has a competitive advantage in supporting this evolving market. The firm ranked among the top three global ETP market makers by trading volume in 2025.
Jansen added that the company’s background in ETF pricing—where markets often require modeling during closures—has enabled it to develop tools that can be extended to tokenized assets for continuous risk management.
Going forward, Flow Traders plans to expand the service, with asset coverage evolving based on institutional demand, regulatory developments, and integration with additional trading venues. Availability will vary by jurisdiction, depending on regulatory requirements and client eligibility
