Founded in 2017, Enigma Securities is a subsidiary of a large financial institution: Makor Capital. It was created to offer institutional-grade services to clients wishing to trade digital assets. Enigma was one of the first regulated brokerage firms to set up banking relationships and custody solutions to meet institutional standards. Originally an OTC brokerage firm, Enigma’s capabilities have expanded into the broader fintech arena including payment processing, and enterprise advisory. Headquartered in London, Enigma has been bridging the gap between traditional financial infrastructure and cryptocurrency markets since 2017. Enigma services a diverse set of customers including individuals, institutions, algorithmic traders, proprietary traders, market makers, investment firms, hedge funds, and various digital asset businesses.