FICHA DE ESTUDIO · última revisión 2026-09
Cumberland (DRW) — proveedor institucional de liquidez
Cumberland operates as a crypto OTC institutional liquidity provider under multiple international licenses, including from the FCA and NYDFS. It serves banks and institutional clients, leveraging API connectivity and third-party integrations for liquidity provision. However, its self-measured claims about liquidity depth and business longevity should be approached with caution, as they are not independently audited.
Cumberland crypto business of DRW Holdings, LLC (ultimate parent per own policy page). Entities named on own page: Cumberland New York, DRW Global Markets Ltd (UK agent), Cumberland International Trading Ltd (BVI), Cumberland Global Limited (Cayman), Cumberland SG Pte. Ltd. · · puntuación de evidencia 81/100
Licencia, leída en el registro
| Regulador | Número de licencia | Jurisdicción | Nivel | Fuente |
|---|---|---|---|---|
| FCA (cryptoasset registration for UK agent DRW Global Markets Ltd) | 746273 | UK | tier-1 | abrir fuente ↗ |
| NYDFS (virtual currency business licence, Cumberland New York) | no verificado | US | tier-1 | abrir fuente ↗ |
| BVI FSC (Securities and Investment Business Act licence, Cumberland International Trading Ltd) | no verificado | British Virgin Islands | tier-2 | abrir fuente ↗ |
| CIMA (registration under Cayman Securities Investment Business Act, Cumberland Global Limited) | no verificado | Cayman Islands | tier-2 | abrir fuente ↗ |
La clasificación por niveles sigue la misma escala que el registro minorista: tier-2 significa supervisión real y segregación de fondos de clientes, sin fondo de compensación — nunca lo lea como protección tier-1.
Qué enseña esta ficha
Cuatro habilidades de lectura, cada una anclada a algo que la empresa realmente publicó.
- 01 — Punto de enseñanzaCumberland operates as a tier 1 licensed crypto OTC liquidity provider.
- 02 — Punto de enseñanzaEntities include Cumberland New York and DRW Global Markets Ltd, among others.
- 03 — Punto de enseñanzaCumberland serves banks and institutional clients through API and third-party integrations.
Libro de afirmaciones
Afirmaciones lo bastante específicas para ser refutadas — y las que siguen siendo medición del propio venue.
Afirmaciones verificables
- Own policy page states: 'Cumberland New York is licensed to engage in virtual currency business activity by the New York State Department of Financial Services'; 'Cumberland's agent in the UK, DRW Global Markets Ltd, is registered as a cryptoasset firm with, and authorized by, the Financial Conduct Authority'; 'Cumberland International Trading Ltd. is licensed by the British Virgin Islands (BVI) Financial Services Commission under the BVI Securities and Investment Business Act'; 'Cumberland Global Limited is registered with the Cayman Islands Monetary Authority under the Cayman Islands Securities Investment Business Act'; member of ISDA; and 'DRW Holdings, LLC is the ultimate parent company for the entities in the Cumberland Group' (cumberland.io/policy, checked 10 Sept 2026)
- FCA register bulk-extract lists DRW GLOBAL MARKETS LTD, FRN 746273, Authorised (LEI 549300JVXT0U42UPXE36) — the UK agent named on Cumberland's own policy page
Afirmaciones que no podemos verificar desde fuera
- 'Deep, reliable liquidity' and 'one of the longest-standing crypto liquidity businesses' characterisations come from partner releases (Wyden, GCEX), not audited figures
- DRW Holdings, LLC 'LT Rated by Moody's and S&P' appears on the own policy page without the ratings themselves being published
Perímetro y cobertura
| Clases de activos | Centros de datos | Connectivity | Clientes aceptados | Rechazados explícitamente |
|---|---|---|---|---|
| Crypto OTC spot, Digital-asset derivatives market making, Institutional crypto liquidity via integrations (GCEX XplorSpot, Wyden network) | API (OTC), Third-party distribution integrations (GCEX, Wyden) | Banks, Brokers, Institutional crypto clients (per partnership releases) |
Una empresa que publica su propio espacio negativo — a quién rechaza, dónde no está licenciada — es materialmente más fácil de diligenciar. La lista de rechazos se trata como divulgación, no como defecto.
Autoevaluación
Responda esto antes de dar la ficha por leída. Si no puede, relea la licencia y el libro de afirmaciones — las respuestas están en lo que la empresa publicó.
- What tier licenses does Cumberland hold in the UK and US?
- Which entities are part of the Cumberland crypto business structure?