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Crypto Finance Debuts Off-Exchange Trading Tool for Institutions

Key Takeaways

  • ​Crypto Finance’s AnchorNote enables institutional crypto trades without transferring assets off custody or relying on exchanges;
  • The solution allows secure off-exchange settlement and potential yield, while staying within regulatory guidelines;
  • Currently launching in Switzerland, AnchorNote plans to expand across Europe and operates with BridgePort’s messaging tech

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Crypto Finance Debuts Off-Exchange Trading Tool for Institutions

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.

On August 27, Webull launched cryptocurrency trading in Australia. What did the company say about the decision? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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