CEX launches private IOI feature for large spot and loan orders

On December 11, according to The Block, CEX launched a private indication of interest (IOI) feature for large spot and loan orders, and stated that it is the first crypto CEX to introduce the traditional financial IOI system into digital assets, aiming to help institutions execute large transactions without potentially disrupting the market. An indication of interest (IOI) allows traders to privately express their willingness to buy, sell, borrow, or lend large amounts of cryptocurrency without placing an order or disclosing their intentions on the public order book. IOI is common in traditional financial markets; it helps institutions assess liquidity and negotiate terms without triggering the price fluctuations usually associated with large trades. A CEX spokesperson said that launching IOI through CEX’s over-the-counter (OTC) and execution services platform aims to bridge the long-standing gap in cryptocurrency trading infrastructure, aligning crypto workflows with traditional finance, while providing better liquidity discovery and counterparty matching for institutions in a private environment.