Wyden and Crypto.com team up to boost institutional crypto liquidity
Wyden and Crypto.com team up to boost institutional crypto liquidity
In a development for institutional trading of digital assets, Wyden, a leading provider in this sector, has announced its integration with Crypto.com. The collaboration aims to increase market liquidity and provide a broader range of trading options for institutional clients.
The integration, effective July 17, 2024, will allow Wyden's clients to trade up to 250 tokens, depending on the jurisdiction, directly through Crypto.com's platform. By joining forces with Wyden, Crypto.com aims to provide comprehensive coverage, allowing institutional clients to easily diversify their portfolios.
Andy Flury, founder and CEO of Wyden, highlighted the benefits of this integration: "We are excited to collaborate with Crypto.com, which provides our clients with even deeper liquidity and more trading options. This integration increases connectivity and liquidity flow between traditional and crypto-native companies".
Wyden's platform is developed by a team of seasoned trading system veterans and crypto asset experts and offers best-in-class solutions, including seamless integration with custody, core banking and portfolio management systems.
This partnership not only strengthens Wyden's operational capabilities, but also underscores the growing importance of a robust and secure trading infrastructure in the digital asset space.
Looking ahead, this collaboration sets the stage for future advancements in institutional trading of digital assets. The increased liquidity and diverse trading options are likely to attract more institutional investors, further legitimizing and stabilizing the cryptocurrency market.
Crypto.com was founded in Hong Kong in June 2016, and the crypto exchange was launched three years later. Now headquartered in Singapore, the platform has more than 100 million customers in 90 countries, including Europe, the United States, Canada, Australia, Latin America, and certain Asian countries. The exchange's mission is simple: "cryptocurrency in every wallet."
See also: CoinEx launches cat memecoin trading event with 5,000 USDT reward pool
