BRIEF

on Wyden

Tradias Partners with Wyden to Boost Institutional Digital Asset Accessibility

Zurich/Frankfurt am Main - In a significant move for digital asset trading technology, tradias GmbH, linked with Bankhaus Scheich, engages in a strategic partnership with Wyden to enhance institutional access to cryptocurrencies and digital assets. This union aims to leverage tradias' comprehensive liquidity and Wyden's institutional-grade platform features to facilitate efficient trading and investment solutions.

tradias, renowned for its 24/7 trading capability across over 1000 pairs, including over 150 crypto-to-Euro pairs, merges its strength with Wyden's holistic trade lifecycle automation services. The collaboration is expected to streamline custody and core banking integration for global financial entities, addressing the current market's demand for dynamic, secure, and transparent digital asset trading.

Furthermore, the partnership introduces Wyden clients to tradias' innovative tokenized money market fund, developed with Allianz Global Investors. Offering round-the-clock tradability, this product presents an attractive liquidity management tool for treasuries, combining efficiency, cost-effectiveness, and adaptation to all liquidity levels with complete transparency.

Michael Reinhard, CEO of tradias, highlights the collaboration's potential in reinforcing their market position and driving crypto market innovation. Simultaneously, Andy Flury, CEO of Wyden, expresses enthusiasm about integrating tradias' distinguished services and products, aiming to optimize execution levels for clients and enrich the platform's offerings with tokenized products.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Wyden news