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Turkish Bank Garanti BBVA Kripto Partners with Wyden to Enhance Digital Asset Trading
- Wyden partners with Garanti BBVA Kripto, a subsidiary of Turkey's Garanti BBVA, to improve digital asset trading services.
- The collaboration aims to enhance trading services for retail and corporate clients by offering trading pairs in Turkish Lira, US Dollar, and cryptocurrencies.
- Wyden's infrastructure integrates liquidity sources for optimal price discovery and execution, meeting regulatory requirements.
- Garanti BBVA Kripto benefits from Wyden's technology to manage liquidity, risk, exposure, and operational efficiency.
- The partnership focuses on risk management with dynamic hedging mechanisms to handle trading limits and exposures.
- Garanti BBVA Kripto's CEO, Onur Güven, highlights the importance of advanced technology in scaling crypto trading operations.
- Wyden's CEO, Andy Flury, emphasizes the commitment to safe, compliant, and scalable digital asset services through the partnership.
- The collaboration signifies introducing Wyden's technology to a trusted financial institution and aligning with regulatory priorities.
- The goal is to cater to the needs of crypto users and adapt to industry developments.
- Partnership aims to provide a seamless trading experience, broaden market access, and improve digital asset services in Turkey.
- The platform supports trading in Turkish Lira, US Dollar, and various cryptocurrencies, promoting trading diversity.
- Advanced technology allows Garanti BBVA Kripto to operate and scale in the crypto segment efficiently and compliantly.
- Wyden's infrastructure enables optimal price discovery and best execution for digital asset trading.
- Garanti BBVA Kripto and Wyden collaborate to build efficient, scalable, and compliant crypto trading offerings.
- The partnership signals a shared commitment to offering safe, compliant, and scalable digital asset services.
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