What Is Changing at Fusion Digital Assets? TP ICAP will restructure its institutional crypto venue, Fusion Digital Assets, to operate under a matched principal model from March 2026. Under the new setup, the firm will stand between buyer and seller on each transaction, acting as counterparty to both sides while simultaneously offsetting trades. Clients will face TP ICAP rather than trading directly with one another. Transactions will settle off-exchange and will not require pre-funded accounts. The structu ...