Binance.US has announced they are going to provide institutional liquidity to other crypto brokerage firms. The cryptocurrency exchange and trading platform for United States users, Binance.US has begun to form partnership to provide institutional liquidity for its users.



One such partnership announced on November 21st is the crypto brokerage firm Tagomi, providing them with additional institutional liquidity for their users.



This partnership detailed that Binance’s liquidity support for Tagomi’s users will unclude: quant funds, venture funds, family office,s individuals retirement accounts as well as above average net-worth individuals. Tagomi’s users will also be granted access to Binance.US trading pairs.



CEO of Binance.US has noted that these new collaborations will help to lower the barriers of entry into the cryptocurrency markets for many users, as well as bring in a whole new group of cryptocurrency investors.



In order to further expand its services offered to users, Tomagi has recieved a Bitlicense from the New York State Department of Financial Services in March. Making it a legally authorized trader of virtual currency assets, allowing them to engage in money transmissions within the state.



Back in September, Tagomi had enabled their users to lend or borrow options of Bitcoin (BTC) and Ether (ETH) in order to commence long or short trades. The exchange aims to make shorting even easier for users by offering immediate access to a conglomerate of counterparties from a single platform.

