Institutional prime brokerage for the digital asset age.
Execution, portfolio risk, institutional custody and connectivity to independent third-party lenders, in one Swiss prime brokerage, powered by CoinRoutes technology.
CRX Trade is a Swiss financial intermediary and member of VQF, a FINMA-recognised self-regulatory organisation, serving professional and institutional clients.
Powered by technology, the leader in multi-asset execution technology
LiveBTC/USD--Indicative price for information only
$700B+Lifetime notional on CoinRoutes technology
10Connected venues
24/7Market access
The platform
Built on CoinRoutes. Bundled into your prime brokerage.
Every CRX Trade client gets the full CoinRoutes institutional stack as part of the prime brokerage relationship, with no separate licence. CoinRoutes technology has handled more than $700 billion in lifetime notional volume for leading hedge funds, proprietary trading firms and asset managers.
One workstation for every venue
The CoinRoutes OEMS is one professional workstation for order and execution management across every connected venue: watchlists, charts, order book and market data, balances and a single blotter for every order.
Spread and pairs trades execute as a single order, including equity, energy and metals perpetuals quoted live against their tokenised equivalents.
Trade the spread between two assets on the same exchange or across different exchanges. The Spread algorithm is dollar neutral, trading perpetuals, spot and futures against one another for arbitrage and risk or treasury management.
Routing and algorithms (smart, sweep, TWAP, spread) for best available price, with consolidated real-time pricing and benchmark analytics.
Smart Post
Sweep
TWAP
Scheduled Post
Time Pace
POV
Smart Stop
Spread
Pairs
Multi Product
Range
Bracket
DMA
Advanced mode supports 14+ order types. Contact us to learn more.
Click any area of the screenshot to learn more.
Click a source, click a destination
Every asset on every venue sits in one balance matrix, next to your isolated institutional wallet. Click a balance to set the source, then click a highlighted same-asset cell as the destination, including venues where you have no balance yet.
Every transfer still passes both policy layers and goes only to whitelisted addresses.
CoinRoutes Clarity comes with every CRX Trade account. It consolidates positions, P&L and risk across venues and custodians, reported by strategy, not just by position.
A hedge is one position
Multi-leg mode values both legs of a hedge as one position, splits spread P&L, pairs P&L and fees, and breaks out funding payments received and paid on the short leg.
Execution, risk, collateral, custody, security and financing access, run from one prime brokerage relationship.
Smart Execution
Route orders across leading centralised and decentralised venues and listed markets from one CoinRoutes workstation. Smart order routing and algorithms find the best available price, and spread and basis trades execute as a single order.
Portfolio & Risk
CoinRoutes Clarity consolidates positions, P&L and risk across every venue and custodian in real time. Every order clears pre-trade risk checks before it reaches a venue, so there is nothing to unwind afterwards.
One Collateral Pool
Post one pool of collateral across crypto and listed markets. BTC, tokenised gold (XAUT), USDT and USDC are supported, and collateral is revalued continuously against live market data.
Institutional Custody
Assets sit in isolated institutional MPC wallets, with a distinct address per client account. A CRX Trade policy engine adds a second layer of control, and off-exchange settlement keeps collateral off venue balance sheets where supported.
Security by Separation
Trading keys can trade but cannot withdraw. Every transfer passes two independent policy layers, withdrawal addresses are whitelisted by default, and all access uses multi-factor authentication and least-privilege permissions.
Financing Access
CRX Trade is not a lender. Our technology lets clients request cross-exchange financing from independent third-party lenders, who set their own terms and make their own credit decisions. Any loan is agreed directly between client and lender.
Traditional brokerages cannot use crypto as collateral efficiently, and crypto desks cannot reach listed futures or equities. On CRX Trade, clients can use a single collateral pool across both.
Crypto 8 venues
Centralised exchange
Centralised exchange
Centralised exchange
KuCoinCentralised exchange
Centralised exchange
Centralised exchange
DeribitListed crypto options
Perp DEX
TradFi 2 venues
CME · COMEX · NYMEX futures
Cash equities
Hover an asset class below to see where it trades.
Asset classes
Crypto Spot
Across leading centralised venues
Perpetuals
Centralised exchanges and perp DEXs
Crypto Options
Listed on Deribit
CME Financials
Index and single-stock futures
COMEX Metals
Gold, silver, copper
NYMEX Energy
Crude oil, natural gas
Nasdaq Equities
Cash equities
Tokenised RWA
On-chain real-world assets
Tokenised Equities
Including xStocks and Binance B-Stocks
DeFi
Hyperliquid and Lighter. Aave and Morpho coming soon.
Built for hedge funds, proprietary trading firms, market makers and asset managers running multi-venue strategies. Services are available to professional and institutional clients only.
About CRX Trade
CRX Trade is an institutional prime brokerage for digital assets, operated by RAS Capital GmbH in Zug, Switzerland, a Swiss financial intermediary and member of VQF, a FINMA-recognised self-regulatory organisation. Powered by CoinRoutes technology, CRX Trade bundles the CoinRoutes OEMS and Clarity portfolio and risk system with isolated institutional custody and access to financing from multiple independent lenders. CRX Trade is not a lender.