SwapGlobal
SwapGlobal is a U.S. private company that provides a cloud-native synthetic prime brokerage platform offering OTC crypto derivatives (swaps, forwards, perpetual forwards, options, spreads) to Eligible Contract Participants, including hedge funds, alternative investment managers, ETF providers, endowments, and family offices.
- Company typePrivate
- Founded2022
- HeadquartersMiami, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What SwapGlobal does
SwapGlobal Inc. is a U.S.-based private company founded in 2022 that operates a cloud-native synthetic prime brokerage platform for institutional digital asset trading. Headquartered in the Merrill Lynch Building at 101 Hudson Street in Jersey City, New Jersey, the company offers OTC derivatives, including swaps, forwards, perpetual forwards, options, and spreads, allowing institutional clients to gain digital asset exposure and execute hedging strategies without directly holding crypto wallets, blockchain nodes, staking infrastructure, or custody arrangements. The platform is accessible via a Web UI, a robust API for automated strategies, and dedicated chat-based white-glove support, with end-to-end automation spanning order placement, execution, confirmation, settlement, and regulatory reporting. Access is restricted to Eligible Contract Participants as defined by CFTC rules, positioning SwapGlobal within a regulated OTC derivatives framework that addresses qualified custody considerations and CFTC reporting obligations.
The company generates revenue through transaction-based fees on OTC derivatives trades, with clients posting a fraction of transaction notional as initial margin and ongoing variation margin settled daily. SwapGlobal targets four primary institutional segments, namely alternative investment managers, hedge funds, ETF providers, and endowments and family offices, all within the United States. The company is backed by a blue-chip investor consortium that includes Cantor Fitzgerald, Circle Ventures, BH Digital, Motive, CMT, Reciprocal Ventures, Elevated Returns-XSpring, and the Witter Family Office, and it has executed a proof-of-concept OTC bitcoin derivatives transaction for a $20 billion-plus investment fund using collateral managed by a top U.S. financial services company. The company was co-founded by Yevgeniy Feldman and operates with a 1-10 person team, currently not registered with any regulatory authority.
SwapGlobal firmographics
Firmographics- Name
- SwapGlobal
- Legal name
- SwapGlobal Inc.
- Website
- https://swapglobal.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SwapGlobal is a U.S. private company that provides a cloud-native synthetic prime brokerage platform offering OTC crypto derivatives (swaps, forwards, perpetual forwards, options, spreads) to Eligible Contract Participants, including hedge funds, alternative investment managers, ETF providers, endowments, and family offices.
- Ownership category
- akta.pro rank
SwapGlobal industry classification
Industry- Product category
- Digital Asset Prime Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (523160)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Equity Swaps & Synthetic Prime Brokerage (TRS/CFDs) (FSACAFAE)
- akta.pro secondary industries
- Prime Brokerage (Multi-Asset Crypto) (FSADAJAA), Crypto Derivatives Exchanges (Futures, Options & Perpetuals) (FSADAAAD), Prime Brokerage & Institutional Trading Services (FSAPADAF)
Keywords
Where SwapGlobal is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SwapGlobal business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- OTC Derivatives Trading Fees: SwapGlobal generates revenue through trading fees on OTC derivatives transactions including swaps, forwards, perpetual forwards, and options. The platform enables institutions to execute digital asset investment and hedging strategies with capital efficiency, reducing counterparty risk through initial margin posting and daily variation margin settlement.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
SwapGlobal product offering
Product offeringCore offering
SwapGlobal operates a cloud-native synthetic prime brokerage platform that provides U.S. institutional investors (alternative investment managers, hedge funds, ETF providers, endowments, and family offices) with OTC crypto derivatives, including swaps, forwards, perpetual forwards, options, and spreads. The platform delivers prime brokerage benefits such as consolidated access, capital efficiency, and simplified risk management through a synthetic derivatives framework, eliminating the need for crypto wallets, blockchain nodes, staking, or custody management.
Product overview
SwapGlobal offers a unified synthetic prime brokerage platform for institutional digital asset investing. The core platform delivers OTC derivatives trading (swaps, forwards, perpetual forwards, options, and spreads) through both Web UI and API access. The platform is designed specifically for U.S. Eligible Contract Participants including alternative investment managers, hedge funds, ETF providers, endowments, and family offices, providing capital efficiency through margin-based trading and daily variation margin settlement.
Differentiator
Problem solved
Functional benefit
Products and services
- Synthetic Prime Brokerage Platform
- OTC Derivatives Suite
- OTC Swaps
- OTC Forwards
- OTC Perpetual Forwards
- OTC Options
- OTC Spreads
Companies that use SwapGlobal
Customer profileSegments4 records
Ideal customer profiles2 records
SwapGlobal technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
SwapGlobal partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Top U.S. Financial Services Company (Collateral Manager)coreA top U.S. financial services company provides collateral management for SwapGlobal's OTC bitcoin derivatives transactions. This partnership enables traditional institutions to manage crypto derivatives securely and efficiently by reusing collateral and accessing offshore liquidity. The proof-of-concept demonstrated how the platform can execute institutional-scale trades using collateral managed by this partner.
Scale indicators1 record
Recent moves5 records
Expansion highlights5 records
SwapGlobal competitors and assessment
Company assessmentDirect peers
- FalconX: Institutional crypto prime brokerage and OTC trading platform serving hedge funds, asset managers, and corporates with credit, custody, and execution — directly comparable to SwapGlobal's institutional synthetic prime brokerage offering.
- Cumberland (DRW): Cumberland is the crypto arm of DRW, one of the largest institutional crypto OTC and derivatives liquidity providers; directly comparable to SwapGlobal in offering OTC swaps, options, and structured crypto exposure to institutions.
- Coinbase Prime: Coinbase's institutional prime brokerage offering custody, financing, and OTC trading for institutional crypto clients; directly competes with SwapGlobal for the same institutional segment.
- Galaxy Digital: Galaxy provides institutional trading, lending, and asset management across digital assets including OTC derivatives and prime-style services — closely comparable to SwapGlobal's institutional focus.
- B2C2: B2C2 is a leading institutional crypto liquidity provider and OTC trading firm serving hedge funds and asset managers; directly comparable to SwapGlobal in OTC derivatives and prime brokerage for institutions.
- Matrixport: Matrixport offers institutional crypto financial services including OTC trading, derivatives, lending, and structured products; comparable to SwapGlobal in targeting institutions with derivatives-based crypto exposure.
- Wintermute: Wintermute is a global crypto market maker and OTC liquidity provider offering OTC trading and derivatives across CeFi and DeFi — directly comparable to SwapGlobal's OTC derivatives offering for institutions.
Broad incumbents
- BitGo: BitGo provides institutional crypto custody, prime brokerage, lending, and trading — broader than SwapGlobal but competing for the same institutional prime brokerage mandates.
- Circle: Circle, the USDC issuer and SwapGlobal investor, is expanding into institutional crypto services including trading and liquidity infrastructure; an incumbent shaping the same institutional digital-asset market.
- Kraken Institutional: Kraken's institutional offering includes OTC trading, custody, and staking for professional clients; a broader incumbent also serving the institutional crypto derivatives market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
SwapGlobal social profiles
Digital presenceSwapGlobal financial estimates
Financial estimateRevenue estimate
Valuation estimate
SwapGlobal leadership team
Management profileNumber of profiles
Profiles1 record
SwapGlobal funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SwapGlobal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SwapGlobal
What does SwapGlobal do?
SwapGlobal operates a cloud-native synthetic prime brokerage platform that provides U.S. institutional investors (alternative investment managers, hedge funds, ETF providers, endowments, and family offices) with OTC crypto derivatives, including swaps, forwards, perpetual forwards, options, and spreads. The platform delivers prime brokerage benefits such as consolidated access, capital efficiency, and simplified risk management through a synthetic derivatives framework, eliminating the need for crypto wallets, blockchain nodes, staking, or custody management.
Is SwapGlobal a public or private company?
SwapGlobal is a private company. It is classified as venture growth investor backed and is currently operating.
When was SwapGlobal founded?
SwapGlobal was founded in 2022. It employs 1 to 10 people.
Where is SwapGlobal based?
SwapGlobal is headquartered in Miami, United States, in the North America region.
How does SwapGlobal make money?
One revenue line is on record: OTC Derivatives Trading Fees.
Who are SwapGlobal's main competitors?
Direct peers on record are FalconX, Cumberland (DRW), Coinbase Prime, Galaxy Digital, B2C2, Matrixport and Wintermute. Broad incumbents are BitGo, Circle and Kraken Institutional.
Does SwapGlobal have an API?
Yes. SwapGlobal offers API access for automated trading strategies. The platform provides multi-interface access through a robust API alongside an intuitive Web UI and dedicated chat support for white-glove service.
What industry is SwapGlobal in?
SwapGlobal's product category is Digital Asset Prime Brokerage. Its primary akta.pro industry code is FSACAFAE, Equity Swaps & Synthetic Prime Brokerage (TRS/CFDs), with a secondary code of FSADAJAA, Prime Brokerage (Multi-Asset Crypto). Its NAICS code is 5231 and its SIC code is 6200.