# Cumberland > Providing deep, dependable liquidity in cryptoassets. Cumberland is an institutional digital asset trading firm. It provides OTC liquidity, derivatives, and options markets for institutional investors in cryptoassets. Cumberland is an institutional trading firm and liquidity provider for digital assets, operating as the cryptoasset division of a diversified proprietary trading company. It serves institutional investors seeking to enter or expand positions in cryptoassets, offering access to spot markets, listed derivatives, and bilateral instruments. The firm is positioned as a principal counterparty rather than a broker, trading on its own account across a range of digital assets. Cumberland addresses the need for reliable, large-scale liquidity in a market that can be volatile and fragmented across venues. It offers access through traditional voice trading as well as electronic channels, including a proprietary streaming pricing platform and application programming interfaces, giving counterparties continuous two-way pricing rather than relying on a single execution method. This combination of relationship-based and electronic access is intended to support institutions transacting at scale. Its offering spans spot cryptocurrency liquidity across numerous digital assets and stablecoins, listed options and futures block trading, bilateral crypto options, and non-deliverable forwards. Cumberland operates from multiple offices worldwide, providing continuous trading availability. It is used by institutional investors, exchanges, and financial firms seeking counterparty liquidity and risk management tools in the cryptoasset space. - Type: Company - Sector: Finance - Status: Active - Founded: 2014-01-01 - Profile: https://thegrid.id/profiles/cumberland ## Products - [Cumberland OTC Trading](https://thegrid.id/profiles/cumberland): Cumberland OTC Trading is an over-the-counter trading desk that provides institutional liquidity for spot cryptocurrency transactions. It executes large orders through voice, chat, an application programming interface, or a web-based platform, without requiring pre-funding of accounts. The desk supports dozens of digital assets and stablecoins against multiple fiat currencies, offers time-weighted average price execution and index-related structures, and also sources liquidity from centralized and decentralized exchanges. (OTC, Live, Main Product) - [Cumberland Derivatives Trading](https://thegrid.id/profiles/cumberland): Cumberland Derivatives Trading is a liquidity and execution service for cryptocurrency derivatives aimed at institutional counterparties. It facilitates block trades and liquidity provision in exchange-listed options and futures, alongside bilateral options and non-deliverable forwards negotiated under standard derivatives master agreements. The service covers BTC and ETH derivatives markets, including futures-spot basis trading and bespoke strikes and expiries for tailored risk management. (Derivatives, Live) - [Marea](https://thegrid.id/profiles/cumberland): Marea is Cumberland's electronic trading platform for institutional counterparties trading cryptoassets. It streams real-time two-way pricing and executes trades electronically, applying a time-based risk mitigation system to maintain quotes during periods of lower volatility. The platform includes trade reconciliation with exportable data, customizable and savable trade page layouts, and two-factor authentication for account security. (Trading Terminal, Live) ## Links - [Main](https://www.cumberland.io) - [Blog](https://www.cumberland.io/news) - [Terms of Service](https://www.cumberland.io/terms-and-conditions) - [Privacy policy](https://www.cumberland.io/privacy-notice) - [Twitter / X](https://x.com/CumberlandSays) - [LinkedIn](https://linkedin.com/company/cumberland-drw) - [Facebook](https://www.facebook.com/workatdrw) - [Instagram](https://www.instagram.com/drw_trading) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. 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