Banque Delubac & Cie Partners with Wyden to Power MICA-compliant Crypto Trading for Individuals, Corporates and Institutionals
Issuer: Wyden
/ Key word(s): Cryptocurrency / Blockchain/Miscellaneous
Banque Delubac & Cie Partners with Wyden to Power MICA-compliant Crypto Trading for Individuals, Corporates and Institutionals Banque Delubac & Cie, a distinguished privately-owned bank with 100 years of heritage in the French financial sector, has chosen Wyden, the leader in institutional digital asset trading technology, to empower its crypto trading offering for private clients and corporates. Paris/Zurich – Banque Delubac & Cie, which is pioneering among French institutions in adopting digital assets, now utilizes Wyden’s cloud-native platform to facilitate crypto trading for private clients and corporates. It was the first French bank to be registered as a virtual asset service provider by the French financial regulator AMF in 2022. Aggregated crypto liquidity and MiCA-compliant best execution The integration of the Wyden trading platform is in line with the implementation of the Markets in Crypto Assets (MiCA) regulation across Europe. Wyden supports the entire crypto trading lifecycle for Banque Delubac & Cie and offers seamless access to aggregated crypto liquidity from multiple exchanges to help achieve best execution. Thereby providing a solution that integrates seamlessly with the bank’s existing client-facing trading application to ensure a user-friendly experience for end clients. Institutional crypto trading for European markets Andy Flury, founder and CEO of Wyden, said: “We are delighted that Banque Delubac & Cie has chosen Wyden as a partner for its digital asset operations. Not only does this partnership further our reach into the European markets, but working with Delubac & Cie as a first-mover French bank also demonstrates substantial trust in Wyden’s expertise and capabilities as a digital asset trading technology leader.” Paul Bureau, Head of Digital Assets at Banque Delubac & Cie said: "We wanted to put our banking expertise and specific skills in digital assets at the service of our customers, so as to meet their needs effectively. Our teams have created an end-to-end, decentralized support, trading and security offering that meets the complexities and risks associated with these assets. This partnership with Wyden will allow us to offer the best service to our clients." Established in 1924, Banque Delubac has a century of banking history and yet is proving to be a leader when it comes to the adoption of digital asset and fintech solutions. In partnership with Wyden, it now supports cryptocurrency businesses with their banking needs, as well as serving clients in the custody and management of their crypto-assets. Banque Delubac & Cie also developed DeluPay, a smartphone-enabled payment solution. Banque Delubac & Cie joins more than 20 other regulated banks that now leverage Wyden’s end-to-end digital asset trading platform, reflecting the company’s position as a market leader in institutional trading technologies. Wyden recently launched Wyden Infinity, a comprehensive cloud-native, digital asset trading and banking solution created to support the needs of banks and brokers. 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. Wyden has offices in Zurich, New York, and Singapore. To learn more visit www.wyden.io.
Founded in 1924, Banque Delubac & Cie is one of the last 100% French family-owned institutions. With more than 400 employees, it is present in France and overseas at 15 sites, including its historic head office in the Ardèche. Its independence allows it to pursue a bold development strategy and to make genuinely free proposals. It is the 1st French bank to be registered as a Digital Assets Service Provider (DASP). For more than a century, we have been meeting the challenges of our customers by developing cutting-edge, atypical expertise. It supports them in their professional and private lives, however complex, with tailor-made advice and a direct relationship for greater responsiveness. Its tagline "Experts and Independents" reflects its DNA of freedom, uniqueness and pugnacity for a tailor-made service. Its tradition: daring for its customers. To learn more visit www.delubac.com.
Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Wyden |
Letzigraben 89 | |
8003 Zurich | |
Switzerland | |
Internet: | https://www.wyden.io/ |
EQS News ID: | 2024213 |
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