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Caliber (CWD) announced it has selected StoneX as an additional institutional platform for trading and custody to support its Digital Asset Treasury strategy. The partnership will provide Caliber with access to liquidity and institutional-grade custody services through StoneX’s Prime offering.
"We are excited to be adding StoneX as a partner to support our digital asset treasury infrastructure," said Chris Loeffler, Chief Executive Officer of Caliber. "Our goal is to present differentiated exposure to LINK through Caliber’s stock and StoneX brings Caliber an edge in LINK accumulation and trading, powered by its institutional services group."
Brian Mulcahy, CEO of StoneX Digital, stated: "We’re proud to support Caliber with their DAT strategy. StoneX Digital is dedicated to servicing our customers’ requirements, and much like the entirety of our business, this is a natural extension of the global financial services capabilities of StoneX Group."
According to the company, Caliber is the first Nasdaq-listed company to publicly adopt a treasury reserve policy centered on Chainlink’s Token, LINK. The strategy involves disciplined accumulation of LINK over time, long-term holding and yield generation.
Caliber operates as an alternative investment manager with over $2.7 billion in managed assets and has a 16-year track record in private equity real estate investing. StoneX Group Inc. (SNEX) operates a global financial services network and serves more than 54,000 commercial, institutional, and global payments clients from more than 80 offices across six continents.
The information is based on a company press release statement.