Crypto Market Maker Caladan Plants Flag in Wall Street’s Backyard With NYC Expansion
Caladan—one of crypto’s most influential liquidity providers—just declared open season on US markets. The firm’s new New York office puts it squarely in the trenches of America’s regulatory battleground.
Why it matters: This isn’t just another crypto startup dipping toes in regulated waters. Caladan moves billions in daily volume, making its US push a potential game-changer for institutional adoption.
The subtext: Watch for tighter spreads on major exchanges as Caladan’s algorithms start chewing through order books stateside. Though given Wall Street’s track record with innovation, expect at least three legacy firms to announce their ’proprietary crypto liquidity solution’ by quarter’s end.
Caladan Introduces New Hires For US Office
The merging of its Asia and U.S. markets is expected to enable clients to access global liquidity and insights with unmatched speed and reliability.
As such, Caladan has introduced a team of experienced leaders to spearhead its U.S. operations, operating from the US office in NYC. Caladan has onboarded three industry leaders, spearheaded by Gian-Paul Caccia. They have experience from both crypto heavyweights, such as Coinbase, and traditional finance leaders such as BlackRock, Bank of America, and Cowen Digital. These hires reflect Caladan’s strategic vision: to blend world-class operational rigour with forward-looking compliance strategies tailored to emerging U.S. standards.
The New York office is expected to play a central role in expanding its global operations, forging institutional relationships, deepening regulatory engagement, and accelerating its strategic footprint in the U.S. The new offices will serve as a bridge between Asia’s advanced crypto market structures and the growing institutional momentum in the United States.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
