New Partnership Enhances Euro Payment Capabilities for Institutional Crypto Solutions
A significant collaboration has emerged between OpenPayd, a leader in financial infrastructure, and SCRYPT, a Swiss-licensed provider specializing in institutional crypto solutions. This partnership is aimed at enhancing SCRYPT's capabilities in Euro payments.
By incorporating OpenPayd's extensive pan-European infrastructure, SCRYPT is set to elevate its service offerings, which cater to a broad spectrum of clients ranging from traditional financial institutions to Web3 enterprises. This integration allows clients to conduct instant EUR transfers around the clock, without the need for third-party payment services.
According to Gabriel Titopoulos, managing director of markets and trading at SCRYPT, this new infrastructure strengthens their institutional framework, facilitating improved access to liquidity, better capital efficiency, and smoother cross-border transactions for their clients. He emphasized that as a trusted partner handling significant monthly trading volumes, robust banking infrastructure plays a vital role in their service delivery. The collaboration with OpenPayd enables the provision of fast and secure Euro payment options, aligning with the expectations of institutional clients.
Lux Thiagarajah, chief commercial officer at OpenPayd, highlighted that their platform is designed for the digital economy, supplying essential fiat infrastructure for businesses such as SCRYPT. This support allows these companies to exploit opportunities more swiftly and maintain control over their financial operations.
OpenPayd aims to serve over 200 digital asset businesses, reflecting their commitment to offer a universal financial infrastructure that empowers innovators like SCRYPT to effectively manage their financial movements on a global scale.
In summary, this partnership not only strengthens the operational capabilities of SCRYPT but also marks a significant step towards the evolution of institutional-grade financial solutions in the crypto space.
