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Crypto Exchange LGO Integrates With Fireblocks to Speed Up Trading Times
LGO says its partnership with Fireblocks will speed up slow deposit times – an opportunity cost for crypto exchange users.
Updated Sep 14, 2021, 9:45 a.m. Published Aug 18, 2020, 1:12 p.m.
Institutional crypto exchange LGO has joined up with transaction platform Fireblocks to speed up deposit times and enhance clients' trading experience.
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- LGO announced Tuesday it had joined Fireblocks' Deposit Acceleration Program.
- Crypto exchanges have to load digital assets onto the platform before they begin trading: a process that can take anywhere between 10 minutes to 24 hours to complete, depending on network congestion and how quickly miners confirm transactions.
- This has a clear opportunity cost as traders can't exploit fleeting arbitrage chances or liquidity margins.
- As the name suggests, Fireblocks' Deposit Acceleration Program speeds up the process, allowing exchanges to load assets onto their platforms in real time.
- LGO CEO and co-founder Hugo Renaudin said the program was a way for institutional clients to better position their trading capital efficiently and securely.
- Crypto derivatives exchange FTX joined the program as soon as it launched last month.
See also: Elliptic Teams With Fireblocks to Automate Security and Compliance in Crypto Industry
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
Wat u moet weten:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
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