Stillman Digital partners with GoDark to expand institutional trading capabilities

Published 03/11/2025, 13:46
Stillman Digital partners with GoDark to expand institutional trading capabilities

TORONTO - DeFi Technologies Inc. (Nasdaq:DEFT) (CBOE CA:DEFI) announced Monday that its institutional trading subsidiary Stillman Digital has joined as an early partner of GoDark, a new institutional dark pool for digital assets. The company, currently trading at $124.41, has demonstrated strong momentum with a 57.85% return over the past year and a 17.14% gain year-to-date.

GoDark, developed by GoQuant and backed by market participants including Copper and GSR, is designed to execute large, price-sensitive orders off-exchange while maintaining discretion and execution quality. The platform features ultra-low latency matching, non-custodial settlement, and institutional protections such as minimum fill sizes and best price checks.Investors tracking this development should note that InvestingPro rates DeFi Technologies’ financial health as "GREAT" with additional insights available on the company’s performance. InvestingPro data reveals several more tips that could help investors make informed decisions about this emerging player in the digital asset space.

"Dark pools are a core fixture of modern markets because they let institutions move size without broadcasting intent," said Jonathan Milks, Co-founder & President of Stillman Digital, according to the company’s press release.

Other early partners in the GoDark platform include FRNT Financial, Fasanara Capital, Capital Union Bank, Tyr Capital, Hercle, Valos, and Trillion Digital.

The partnership aims to enhance Stillman Digital’s ability to provide block liquidity and discreet execution for institutional clients trading digital assets. The platform allows for trading significant blocks privately to reduce signaling risk, while maintaining custody control through non-custodial settlement workflows.

GoDark currently supports spot trading with plans to expand into perpetuals, futures, options, and other instruments, according to the announcement.

DeFi Technologies, which describes itself as a financial technology company bridging traditional capital markets and decentralized finance, operates several subsidiaries including Valour, which offers regulated ETPs for digital assets, and Reflexivity Research, which provides research in the digital asset space.

In other recent news, DeFi Technologies Inc. has secured $100 million in financing from institutional investors led by Galaxy Digital. This agreement involves the purchase of approximately 45.7 million shares of common stock and warrants for an additional 34.2 million shares. Meanwhile, Valour Inc., a subsidiary of DeFi Technologies, reported assets under management of $987 million as of September 30, 2025, marking a 1.3% increase from the previous month. Valour also experienced net inflows of $23.6 million in September, contributing to a year-to-date inflow total of $115.3 million.

Additionally, DeFi Technologies has partnered with SovFi Inc. to launch a framework for the sovereign debt market, aiming to create new financial instruments. In related developments, Tidal Commodities Trust I announced that Tidal Investments LLC will transfer its sponsor role to Hashdex Asset Management Ltd. This Sponsor Transfer is expected to be completed in the fourth quarter of 2025. Furthermore, Tidal Commodities Trust I has amended its trust agreement, modifying the terms for sponsor withdrawal. These updates reflect ongoing strategic moves and financial activities within the companies involved.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.