Overview
- BlockFills said the pause began last week and described it as temporary, without giving a date for resumption.
- Clients can still open and close positions in spot and derivatives markets to manage exposure, according to the company.
- The firm says it is working to restore platform liquidity and is in active dialogue with hedge funds and asset managers.
- BlockFills reports more than 2,000 institutional clients and $61.1 billion in 2025 trading volume, underscoring its market footprint.
- The freeze follows a sharp crypto downturn linked in reporting to Kevin Warsh’s Fed nomination, reviving concerns about liquidity resilience across trading venues.