Zurich – Wyden, tradias and Tangany have teamed up to offer flatexDEGIRO a fully integrated solution for the trading and custody of crypto assets. With its new offering, online broker flatexDEGIRO is setting new price and transparency standards in German crypto trading.
flatexDEGIRO, one of Europe’s leading online brokers, has launched its digital asset offering with trading in 20 cryptocurrencies to its German customers by using the integrated infrastructure solution from Wyden, tradias and Tangany. The new offering is initially available on the flatex and ViTrade brokerage platforms.
MiCA-compliant crypto asset trading
Securities trading bank tradias determines the reference price for each cryptocurrency on an ongoing basis as an average value from several liquid trading venues, Tangany takes care of custody, and the Wyden platform empowers the order routing, execution management and settlement flow. Both tradias and Tangany are supervised by the Federal Financial Supervisory Authority (BaFin).
Wyden CEO Andy Flury added: “Our partnership with tradias and Tangany is a strong signal to the European financial industry and proves the ongoing adoption of MiCA-compliant digital asset services. In addition, this is also further recognition of Wyden as a leading technology partner for banks and brokers.”
Further markets to follow for flatexDEGIRO are Austria and – with the product launch on DEGIRO – the Netherlands as well as the Group’s most important European growth markets. In the future flatexDEGIRO plans to introduce further products and features, such as staking and crypto savings plans.
About Wyden
Wyden is the global leader in institutional digital asset trading technology. By covering the entire trade lifecycle and supporting seamless custody, core banking and portfolio management system integration as well as full trade lifecycle automation, the Wyden platform streamlines digital assets trading. Engineered by a team of trading system veterans and crypto asset experts, Wyden offers best-in-class integrated infrastructure solutions that meet the highest institutional needs. Headquartered in Zurich, Wyden runs several product hubs in Poland and has offices in Singapore and New York.
To learn more visit www.wyden.io.
Media contacts
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Felix Saible
felix.saible@wyden.io
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