What Virtex Technologies does

Virtex Technologies Ltd is a London-headquartered, privately held software company founded in January 2024 by Ben Radclyffe that builds Virtex OS, an integrated operating system for digital asset prime brokerages. The platform comprises seven modules — Onboarding (KYC/KYB, risk scoring, compliance), Execution (smart order routing, account routing, algos), Back-to-Back (principal trading), Settlement (deposits, withdrawals, banking, wallets), Ledger (positions, P&L, CASS7 compliance), Treasury (multi-custodian fund movement), and Reporting — sharing a single event-sourced data flow designed to replace what the company describes as fifteen vendors held together with spreadsheets and Telegram.

Underlying technology is built on a JVM/Spring Boot stack with Jakarta namespace, an event-sourced OMS with deterministic sub-microsecond single-threaded order processing, FIX 5.0 semantics end-to-end internally, and a FIX 4.4 gateway to institutional liquidity-management platforms. The platform connects to 13+ named crypto and FX venues (Binance Spot, Binance Futures, Bybit, Coinbase, Gemini, MEXC, Phemex, Bullish, BTC Markets, Zodia Markets, Oanda) and, via the May 2026 Gold-i MatrixNET integration, to 35+ crypto exchanges and 80+ FX liquidity providers through a single connection. Client interfaces include a browser-based trading UI, mobile, Telegram bot, interactive CLI, and a white-label client portal.

Virtex sells enterprise SaaS subscriptions on annual contracts via founder-led direct sales, a Calendly demo funnel, and an Early Access pilot programme. Pricing is not publicly disclosed and is quote-based. The company holds EIS/SEIS Advance Assurance from HMRC, is registered in the UK as a private limited company (Company Number 15434373), and operates with a small founding team supplemented by a permanent AI workforce handling commercial, engineering, design, and operations work. No external funding rounds or named customers are disclosed.

Name

Virtex Technologies

Legal name

Virtex Technologies Ltd

Website

https://virtex.co

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Virtex Technologies builds Virtex OS, an integrated event-sourced trading and brokerage platform for digital asset prime brokers, OTC desks, and institutional trading operations. Seven modules — onboarding, execution, back-to-back, settlement, ledger, treasury, reporting — replace fragmented vendor stacks with one CASS7-ready operating system.

Ownership category

akta.pro rank

Product category

Trading Infrastructure Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)

akta.pro secondary industry

SFT Technology Platforms (Repo/SLB OMS/EMS, Matching) (FSACAIAM)

Keywords

• Order management system
• Execution management platform
• Prime brokerage software
• Crypto trading infrastructure
• Trade lifecycle automation

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform SaaS/Subscription: B2B SaaS platform for digital asset prime brokers — seven integrated modules covering onboarding, execution, back-to-back, settlement, ledger, treasury, and reporting. Pricing not publicly disclosed; likely subscription-based with modules or volume components.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Virtex OS is a modular B2B operating system for digital asset prime brokers, comprising seven integrated modules — Onboarding (KYC/KYB, risk scoring, compliance), Execution (smart order routing, algos), Back-to-Back (principal trading, commission), Settlement (deposits, withdrawals, banking & wallets), Ledger (positions, P&L, CASS7), Treasury (fund movement), and Reporting — all on a single unified data flow. The platform runs on an event-sourced architecture with sub-microsecond order processing, FIX 5.0/4.4 protocols, REST and WebSocket APIs, and is white-labelled so brokers can offer branded client portals to their end clients.

Product overview

Virtex OS is a modular operating system for digital asset prime brokers consisting of seven integrated modules — Onboarding, Execution, Back-to-Back, Settlement, Ledger, Treasury, and Reporting — operating on a single unified data flow. The platform provides end-to-end automation from client onboarding through settlement and reporting, with no manual reconciliation. Key execution modules include Smart Order Router (best-price routing across venues), TWAP Strategy Engine (time-weighted execution), and RFQ Workflow (streaming two-way pricing). Client-facing interfaces include Web Trading UI (browser-based trading desk), Mobile Trading Interface (mobile-first portfolio management), Telegram Trading Bot (messaging-based trading), and White-Label Client Portal (branded broker portal). Infrastructure modules include Ledger (double-entry accounting with CASS7 compliance), Treasury (multi-custodian cash and crypto operations), and Exchange Simulator (for testing). The platform connects to 35+ crypto exchanges and 80+ FX liquidity providers via Gold-i MatrixNET integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Virtex OS The operating system for digital asset brokerages and their clients — a modular platform covering the full trading business lifecycle including client onboarding, risk management, trading execution, settlement, ledger, reporting, and operational workflows, sold to digital asset prime brokers on a subscription basis.
• Virtex Web Trading UI Browser-based trading interface for placing and managing orders, viewing positions, child orders, transaction history, and charts powered by TradingView — distributed as a standalone client of the Virtex OS to end clients of broker customers.
• Virtex REST API A complete REST API surface exposing orders, positions, trades, instruments, accounts, and users — plus specialised endpoints for route management, ledger reporting, and balance movement history — distributed as a standalone programmatic interface to the Virtex OS for institutional and broker customers.
• Virtex Mobile Trading Interface Mobile-first portfolio management and conversational trading interface with full streaming trade lifecycle and broker admin capabilities, distributed as a standalone mobile client of the Virtex OS.
• Virtex White-Label Client Portal Client-facing portal branded as the broker's own — logo, domain, and client relationship — distributed as a standalone white-label offering of Virtex OS for broker customers.
• Virtex FIX 4.4 Gateway FIX 4.4 protocol gateway connecting Virtex OS to institutional liquidity-management platforms across the TradFi ecosystem, extending reach across the broader FIX ecosystem as a standalone connectivity module.
• Virtex Telegram Trading Bot Telegram-based trading interface that allows users to place and cancel orders, check positions, pull quotes, and run RFQs from within Telegram with live streaming updates — distributed as a standalone conversational trading client.
• Virtex Interactive CLI (REPL) Terminal-based interactive client (REPL) with tab completion for order entry, cancels, positions, price streaming, book depth, RFQ, and account management, distributed as a standalone professional trader interface.

Quantifiable outcome

• Sub-millisecond order routing — keeps up with fast-moving clients
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration21 records

Feature8 records

Partnerships

One partnership is on record.

• Gold-iflagshipTechnology or Integration · 13 May 2026Gold-i MatrixNET liquidity management platform integration provides Virtex clients single-connection access to 35+ crypto exchanges and 80+ FX liquidity providers. The partnership is mutual — Gold-i clients gain access to Virtex's digital asset front-end platform, client management, and reporting layer. This is Virtex's first integration partner, establishing a template for future ecosystem collaborations. Virtex's CEO Ben Radclyffe described it as 'one plus one equals three' — combining Gold-i's liquidity connectivity with Virtex's broker operating system for a complete institutional-grade tech stack out of the box.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Coinbase Prime: Coinbase Prime is the institutional arm of Coinbase offering prime brokerage, trading, and custody services. It is comparable as both a competing infrastructure provider and a potential customer reference in the digital asset prime brokerage segment where Virtex operates.
• Itiviti (Broadridge Trading and Connectivity Solutions): Itiviti, now part of Broadridge, is a long-standing OMS/EMS and connectivity provider for institutional trading desks globally. It competes with Virtex at the OMS/EMS layer and represents the legacy infrastructure stack that Virtex positions itself as displacing.
• TradingScreen: TradingScreen provides an institutional OMS/EMS used by sell-side brokers and asset managers. It is comparable as a competing OMS/EMS in the broker and trading-desk segment, particularly where institutions seek multi-asset workflows and white-label execution tools similar to Virtex's offering.
• FalconX: FalconX is a digital asset prime broker offering trading, credit, and custody to institutional clients. It overlaps Virtex's target customer (digital asset brokerages and trading desks) and operates as both a peer infrastructure provider and a potential end-customer reference for Virtex-style platforms.
• Fireblocks: Fireblocks is an institutional digital asset custody, settlement, and trading infrastructure platform with broad broker, exchange, and OTC integrations. While its center of gravity is custody and treasury rather than execution, it competes with Virtex's Treasury and Settlement modules and is increasingly expanding into front-office trading workflows served by Virtex.
• FlexTrade: FlexTrade is a long-established multi-asset OMS/EMS used by institutional brokers and trading desks across equities, FX, and increasingly crypto. It is comparable as a competing OMS/EMS vendor with institutional credibility, FIX gateway depth, and white-label capabilities similar to those Virtex advertises.
• Galaxy Digital: Galaxy Digital operates a digital asset prime brokerage and trading business, alongside investment management and mining. It is comparable as both a prime brokerage peer and a prospective Virtex customer operating the kinds of multi-venue digital asset workflows Virtex aims to consolidate.
• Copper.co: Copper provides institutional digital asset infrastructure spanning custody, settlement, and prime brokerage services to brokers and trading firms. It is comparable because it sits in the same institutional crypto prime brokerage stack, even though its product mix leans more toward custody and ClearLoop settlement than execution OMS/EMS.

Direct peers

• Talos: Talos provides institutional-grade trading infrastructure (OMS/EMS) for digital assets, including smart order routing, algorithmic execution, and connectivity to 30+ crypto venues. It is the most directly comparable peer to Virtex because it sells the same category of platform to the same buyer persona (institutional brokers, prop desks, and asset managers), with overlapping FIX protocol and white-label capabilities.
• Gold-i: Gold-i is a liquidity management and connectivity platform (MatrixNET) that aggregates FX and crypto venue access for brokers. It is directly comparable because it sits in the same broker OS/infrastructure layer as Virtex, and is also Virtex's announced first integration partner, signaling both partnership and product overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/virtex-tech

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Virtex Technologies