Digital assets trading tech specialist Wyden has partnered with Hyphe to provide financial institutions, including banks, brokers and asset managers, with deeper crypto liquidity and extended digital assets coverage.
Hyphe is registered with the Dutch central bank (DNB), which its German subsidiary recently has a securities trading licence from Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), which provides the firm with the highest standard of regulatory supervision available in Europe.
Hyphe offers clients a chance to trade independently of exchanges, significantly reducing counterparty risk. The firm’s proprietary price discovery technology, Clear-Calculus, determines the fair market price for assets, 24/7, and forms the basis of Hyphe’s banking-grade best execution policy. Meanwhile uptime on the platform is assured at over 99.5%.
Wyden’s crypto portfolio, order and execution management system (OEMS) provides a powerful trading and orchestration platform covering the entire trade lifecycle. Wyden also offers seamless custody and core banking integration for financial institutions such as banks and brokers.