Cryptocurrency has become a popular topic in recent years as more people have become interested in this digital asset. However, many still find it challenging to navigate the world of crypto and its underlying technologies. With the growing demand for digital assets, Bitstamp, the world’s longest-standing crypto exchange, has expanded its white-label service to institutions in selected APAC markets. The new modular flexibility allows banks, payments and fintech companies, or investment firms to build their crypto capabilities quickly.
The new offering, known as Bitstamp as a Service, provides clients with three tiers, Exchange, Exchange Plus, and Exchange Complete, each designed to cater to specific needs. Clients can integrate this infrastructure with their existing customer apps, giving them control over the user experience with the fastest path to market. Bitstamp’s infrastructure stack also provides clients with a choice of 15 banking partners to match their operational needs, adding to the flexibility of this solution.
Institutions that prioritize speed to market and lower fixed costs will save the time and resources needed to build this capability in-house. Bitstamp as a Service offers a complete end-to-end solution that enables clients to rapidly turn on their crypto offering, with access to Bitstamp’s global license network.
With over 50 licenses and registrations globally, Bitstamp has become a trusted partner in the digital assets ecosystem. It was the only crypto exchange among more than 130 CEXes (centralized exchanges) to receive an AA rating in CryptoCompare’s Exchange Benchmark Report in October 2022. The new offering is a testament to Bitstamp’s commitment to making crypto investing secure for all.
According to a survey carried out by Bitstamp in 2022, over 75% of retail and institutional investors worldwide believe that crypto will become mainstream in the next 10 years. Of all the institutional investors polled, 81% believe digital assets should be part of a portfolio. However, one of the top barriers to entry cited by retail investors was “not sure which platform to trust or is secure.” Bitstamp’s new offering provides a trusted solution for institutions to deliver a quality experience in the digital assets ecosystem to serve the next wave of mainstream adoption.
For more information about Bitstamp as a Service or to interview Leonard Hoh, don’t hesitate to get in touch with Deborah Tan-Pink at email@example.com.