sFOX

sFOX is an institutional crypto prime broker founded in 2014. It aggregates liquidity from more than 40 venues and counterparties and combines execution, a dark pool, custody, treasury management and settlement in one platform and API.

Services The listed offering covers institutional execution, OTC liquidity aggregation, a dark pool and prime brokerage. The company describes itself as a regulated custody, banking and brokerage provider with crypto-to-fiat conversion. Documentation is published at docs.sfox.com, including a Connect section.

Clients The platform is built for banks, fintechs, asset managers, hedge funds and exchanges rather than for retail users.

Entity and status The operating entity is sFOX, Inc. The company states a FinCEN money services business registration (31000266509619) and an affiliate, SAFE Trust Co., described as a Wyoming trust.

Fit sFOX suits institutions that want to route large orders across many sources of liquidity from one connection and keep custody and settlement with the same provider. Pricing is not published, and a prospective client should request the fee schedule.