Finery Markets has a new Trading partner - Hyphe

Hyphe, a Liquidity Provider regulated by the Dutch Central Bank (DNB), has just finalized integration and is ready to kick-off its partnership with Finery Markets, an EU-based company that has built a digital asset liquidity network that connects OTC liquidity providers on the one side and companies like digital asset managers, payment processing firms or crypto exchanges on the other.

This partnership will provide Finery Markets’ users with deeper liquidity and tighter spreads across a greater number of crosses between digital assets and fiat currencies (especially EUR). Additionally, since Hyphe is a regulated liquidity provider, Finery Markets is able to extend further its offering in the regulated part of the crypto space where institutional adoption is growing. This will not only improve our offering with additional trading & settlement features but will increase our footprint within the eurozone.

Dolf Diederichsen, CEO & Co-founder of Hyphe:
“Hyphe exists to welcome more and more people into trading, and we do that by acting as a regulated counter-party for European financial institutions. As such, we’re excited to join Finery’s platform and ultimately see our service enable new investors all across the EU.”

Konstantin Shulga, CEO & Co-founder of Finery Markets:
“Our aim for 2022 is to create the marketplace with the deepest and the most diversified digital asset liquidity, globally. In contrast to liquidity aggregators that connect to multiple liquidity sources and offer such tools as smart order routing, our value proposition entices OTC trading desks onboard, so that price discovery happens directly on our platform rather than on an external venue. In this light, we are positive that the cooperation with Hyphe will bring significant value to our client base, as Hyphe’s team has managed to create a robust trading and liquidity offering.”

Finery Markets is the first crypto-native Multi-Dealer Platform. Our flagship product, Finery is a non-custodial trading network that allows financial institutions to access deep aggregated digital asset and crypto liquidity in a compliant way.

Hyphe is an Amsterdam-based digital asset liquidity provider, enabling European financial institutions — from retail banks and brokers to asset managers — to offer digital currency trading to their customers. Hyphe provides institutional clients access to a proprietary liquidity pool and deep liquidity across a wide inventory.