Seed CX, the US institutional digital asset exchange platform, is collaborating with Hydra X, a Singapore fintech firm to expand its crypto trading services to Asia.

Announced in the press release on March 21, Hydra X has listed Seed CX as one digital asset trading venues on Sigma trading platform.

The Singapore-based platform is launching in beta testing mode at the moment. However, after the integration completed, users of Sigma can get access to the US crypto exchange’s fiat-crypto gateway and fully manage their Seed CX’s portfolio. The announcement has also included the statements of 2 CEOs, regarding the collaboration.

“This partnership will also be useful in expanding our user base to include institutional traders seeking regulated and secure access to the world of digital assets,” said Daryl Low, CEO of Hydra X.

“Seed CX aims to be the preeminent exchange for institutions that wish to trade in digital assets, and connecting to platforms like Sigma is part of that,” said Edward Woodford, Seed CX co-founder, and CEO.

Backed by Bain Capital Ventures, Seed CX is a Chicago-based licensed digital asset exchange, offering both spot market and US Commodities and Futures Trading Commission (CFTC)-regulated derivatives. The exchange has added spot trading for its major institutional clients, reported by The Crypto Sight in January.