GoDark Unveils Institutional Dark Pool for Crypto Backed by Copper, GSR, Others
GoDark, an institutional dark pool built by GoQuant, is launching to execute large crypto orders privately with backing from firms like Copper and GSR.Summary
GoDark, an institutional dark pool specifically designed for digital assets by GoQuant, is launching a new service to execute large orders discreetly, preventing market impact. The platform is backed by major crypto custody and trading specialists, including Copper and GSR, alongside users like FRNT Financial, Stillman Digital, Fasanara Capital, and others.
Founder and CEO Denis Dariotis stated that a true institutional dark pool infrastructure, sophisticated enough to balance CEX liquidity with OTC privacy, does not currently exist in crypto. Dark pools aim to offer a middle ground between transparent, liquid CEXs and opaque, high-fee OTC desks, which is particularly relevant given crypto's volatility and distributed liquidity.
GoDark will initially offer spot cryptocurrency trading, with plans to expand to perpetual futures, options, and other instruments. It promises ultra-low-latency matching, non-custodial settlement, and execution protections, including ensuring orders match the best available price on public venues, similar to NBBO in U.S. equities.
(Source：CoinDesk)