Trading platform OTC Exchange Network (OTCXN) announced its partnership with cryptocurrency custodian Kingdom Trust, in a press release. Kingdom Trust will \u201cserve as a neutral, third-party custodian of assets for trading entities and exchanges that use OTCXN technology to facilitate clearing and settlement of OTC block trades and cross-exchange trading,\u201d according to the release. OTCXN noted that the cryptocurrency custodian was the first regulated financial institution to provide custody of cryptocurrencies, of which it holds more than $12 billion. Rosario Ingargiola, CEO and founder of OTCXN, said, \u201cKingdom Trust is one of only a few regulated U.S. entities that offers stand-alone custody services in both fiat and cryptocurrencies. They stand out for their integrity, experience, state-of-the-art infrastructure and client asset protection.\u201d Kingdom Trust CEO Matt Jennings said, \u201cBy partnering with OTCXN, Kingdom Trust will be able to offer its clients the best of both worlds, i.e., the ability to \u2018trade hot, store cold.\u2019 The OTCXN platform, its networks, and partners will offer the power of rapid liquidity to clients and markets where that has been in short supply.\u201d The partnership, he added, would help eliminate counterparty and settlement risk. OTCXN explained that \u201crades on OTCXN execute as an atomic exchange of provable assets on the custodial blockchain ledgers in real-time, for instant clearing and settlement, with underlying assets held at the custodian, and crypto assets remaining in cold or deep storage.\u201d Among OTCXN\u2019s others planned ventures is the launch of LiquiMatch, designed to allow clients of custodians on the network to access liquidity across OTCXN\u2019s various platforms through a single account. The company will also be servicing third-party credit and collateral providers, to aid them in the financing of traders\u2019 long and short positions, offering margin loans and coin repurchase agreements, among other financial products. Kingdom Trust is also partners with insurance market Lloyd\u2019s of London, which provides insurance for cryptocurrencies held by Kingdom Trust in behalf of institutional investors.