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Home Press Release Bitfire Group OTC Desk Surpasses $100 Million in Monthly Volume, Hits All-Time High in July
Press Release

Bitfire Group OTC Desk Surpasses $100 Million in Monthly Volume, Hits All-Time High in July

  • by PR Newwire
  • 2026-08-06
  • 0 Comments
  • 1 minute read
  • 180 Views
  • 3 weeks ago
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HONG KONG, Aug. 6, 2026 /PRNewswire/ — Bitfire Group (01611.HK), a Hong Kong-listed regulated digital asset custodian, reported that its over-the-counter (OTC) trading desk surpassed $100 million in monthly volume for July, achieving a new all-time high with a 257% increase from June.

As a subsidiary of Bitfire Group, Bitfire Trust’s OTC desk recorded volume growth across every week of July compared with the same weeks in June, reflecting sustained momentum in institutional trading activity.

According to internal company data as of the end of July, Bitfire Group has onboarded 760 clients, representing a 46.5x increase in client numbers. The company’s pipeline of interested accounts has reached 1,644, reflecting a 53.8x growth rate. The client base is primarily composed of high-net-worth individuals, institutional investors, and listed companies.

“Over the past year, Bitfire has completed its upgrade from market recognition to business positioning. We have established a business system centered on digital asset private banking, covering trading, custody, asset management, structured products, and institutional services,” said Livio Weng, CEO of Bitfire Group.

As a regulated digital asset custodian listed on the Hong Kong Stock Exchange, Bitfire Group provides institutional clients with a secure and compliant gateway to digital asset markets. The company’s OTC desk offers deep liquidity and tailored execution for large-volume trades.

 

About Bitfire Group

Bitfire Group (01611.HK) is Asia-Pacific’s first private banking-level digital asset custodian. Listed on the Hong Kong Stock Exchange, the company provides regulated custody, OTC trading, and digital asset financial services to institutional clients.

Cision View original content:https://www.prnewswire.com/news-releases/bitfire-group-otc-desk-surpasses-100-million-in-monthly-volume-hits-all-time-high-in-july-302844633.html

SOURCE Bitfire Group

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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