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Crypto Finance, part of the Deutsche Börse Group, has introduced Crypto Finance AnchorNote to help institutional investors manage crypto transactions without relying on traditional exchanges.
The tool allows institutions to complete trades while keeping their digital assets stored safely with a custodian, according to a press release dated September 16. This setup eliminates the need to transfer assets across platforms and facilitates settlement outside of exchanges.
It also opens the door for these institutions to earn returns on their holdings, all within a setup that follows regulatory rules.
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Initially, the service will be available only in Switzerland. However, the company plans to make it accessible across Europe in the near future.
To make the system work, Crypto Finance has partnered with BridgePort, a company that provides technology for routing messages between exchanges and custodians. This coordination is essential for trades to be settled off-exchange while maintaining control over the assets.
BridgePort CEO Nirup Ramalingam said:
This infrastructure lays the groundwork for scalable asset mobility needed by institutional traders.
Philipp Dettwiler, who leads custody and settlement at Crypto Finance, said the product aims to close the gap between asset storage and efficient use of capital. According to him, the solution offers institutions secure, flexible, and near-instant trading and settlement.
Institutions can connect to the system through a web-based dashboard or directly via an API. The platform also streamlines the transfer of collateral between different exchanges.
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