LONDON, Jan. 21,
2025 /PRNewswire/ -- DeFinity Markets®, the
first full-stack institutional digital asset matching and
settlement platform for fiat and digital assets has become
an EY client and completed the EY FinTech
growth programme, aimed at supporting the most promising
scaling FinTechs in the UK.
After a rigorous selection process, participants were invited to
engage in sessions and cover crucial topics for scaling companies
including tax, regulation, international expansion, and
fundraising, delivered by EY professionals. These are designed to
help companies grow smarter and connect impactfully. EY believes
the companies have what it takes to scale exponentially and shape
the UK FinTech and Financial Services sector in the years
ahead.
Tom Bull, EY FinTech Growth
Leader comments: "EY is committed to helping founders of start-ups
and scale-ups as they advance in the FinTech industry. The UK's
FinTech sector is a source of exceptional talent and innovative
businesses, including those we've welcomed into our fourth cohort.
We're proud of the potential within this group and look forward to
providing the support they need to grow and succeed. I'm personally
excited to collaborate with these companies and see how they will
shape the future of FinTech."
Having achieved it's Jersey VASP status recently, DeFinity
Markets has all the elements of its innovative market leading
solution in place and is now going live with its full operating
model. This delivers a fit for purpose solution catering to the
need of the Institutional Markets.
Chris Park, Chief Risk Officer of
DeFinity Markets, said "We are delighted to be part of this
exciting program and we believe being an EY client can help fully
prepare our organization for the next stage of growth. The path of
development for the digital asset markets is strong and exciting
for our business which is laying the foundations for asset class
expansion."
DeFinity Markets has worked with the world's leading Financial
Institutions, Regulators and Financial Institutions since inception
to help create an ecosystem to accelerate the adoption of digital
assets. The opportunity to engage with EY is another exiting step
on this path towards series A and a focused global expansion.
About DeFinity Markets
DeFinity Markets® is the
Institutional Standard in Digital Assets Trading and fiat rails.
DeFinity is built on institutional-grade technology offering
unprecedented digital assets market access to globally leading
Financial Institutions seeking to diversify their portfolio. The
DeFinity management team has applied decades of knowledge of
traditional financial markets to create the DeFinity ECN with
direct market access. Platform participants can transact fiat FX
trades with the digital asset's component completed on the DeFinity
ECN. The ECN is custody-agnostic and provides FIX API access, a
standardized rulebook powered by an embedded AML/KYC framework. We
aggregate quotes from market makers on which qualified clients can
transact digital assets. DeFinity offers access to liquidity across
all major digital assets, including stable coins. The DeFinity ECN
supports fiat currencies including GBP, EUR, USD crosses supported
by an integrated fiat on and off-ramp gateway.
Contact:
media@definitymarkets.com
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SOURCE DeFinity Markets
