With this new prime brokerage solution, Finst enables banks, Fintechs, brokers and liquidity providers to access cutting-edge crypto solutions with the highest standards of safety and reduced time-to-market
- Institutions can now leverage Finst’s all-in-one solution to trade, custody, manage, and stake 110+ crypto securely via one single integration.
- Ahead of MiCA regulations, Finst’s aims to solve the challenges of institutions in finding reliable and complete European crypto prime brokerage services while avoiding the complexity and risks associated with multiple offshore providers.
- This launch underlines the exceptional growth of the platform, which recorded an increase of 875% in trading volume between Q1 2023 and Q1 2024.
Finst, one of the leading crypto services providers in the Benelux, announces the launch of its crypto-as-a-service solution, which enables corporates and institutions to leverage a full-suite of tailored crypto services via a single integration built on industry-leading security standards.
The all-in-one solution to institutional challenges
Historically, institutions looking to access or offer crypto services required multiple service providers, extensive integration processes, increased counterparty risks, intensive capital management and high costs.
With Finst, market participants can now trade 110+ digital assets in EUR with guaranteed best execution, ultra-low trading fees of 0,15%, and deep liquidity. Thanks to its Smart Order Router and extensive liquidity sources, the platform offers superior execution with an average spread of less than 0,01% recorded on major crypto assets such as BTC and ETH since the beginning of the year.
Julien Vallet, CEO & Co-founder: “Execution standards still vary greatly in the crypto industry, and we believe best-execution should be the main standard to increase transparency. Our connections with many liquidity venues enable our clients to benefit from very tight spreads regardless of order size and market volatility, and to deploy and manage capital efficiently between venues from one main account.”
In addition, members of the Finst institutional network can access a unique range of digital assets services including bankruptcy-remote custody, clearing, fiat on/off ramp, flexible staking, curated crypto portfolios, post-trade settlement, and Direct Market Access.
Unlike other solutions, Finst Institutional is available through one single multi-currency integration which caters the critical needs of institutions looking for a comprehensive and cost-efficient market access in a robust compliance and regulatory environment.
Built on leading compliance and safety standards
As the first and only Dutch crypto service provider with an audited Proof-of-Reserve and a fully segregated structure, Finst provides institutional traders with unparalleled safety standards and enables them to confidently expand their footprint in the world of digital assets.
Finst is registered as a Crypto Service Provider with the Dutch Central Bank and partnered with world’s leading custody provider Fireblocks and Dutch-regulated bank bunq to safekeep its clients’ assets. The institutional network features advanced MPC technology with custom multi-signature policies to offer its members unparalleled control over their assets. In addition, the company has implemented robust risk management frameworks to mitigate both market and counterparty risks for its members.
Julien Vallet: “The institutional adoption of digital assets has not been as fast as initially anticipated, partly due to the lack of consolidated offerings, infrastructure, safety and cost-efficiency. We combined these elements into a unique one-stop shop solution where the safety and regulatory standards of TradFi meet the agility and capabilities of DeFi.”
For more information, please visit finst.com/en/institutional
