Di. Jun 18th, 2024

Crypto Finance AG, a leading provider of institutional-grade investment solutions, custody, and brokerage for digital assets and part of Deutsche Börse Group, is excited to announce the complete integration of the Polygon sidechain into its trading and custody services. This integration will enable seamless trading and secure custody of assets for Crypto Finance’s clients on the Polygon sidechain. In addition, Crypto Finance is working to integrate Polygon into its tokenisation as a service offering in the near future.

As a subsidiary of Deutsche Börse Group and a supervised financial institution under FINMA, Crypto Finance is dedicated to offering its clients a wide range of regulated services. Polygon, renowned for its Ethereum scaling capabilities, has emerged as a leading solution for addressing scalability and cost issues on the Ethereum blockchain, particularly in the areas of decentralised finance (DeFi) and non-fungible tokens (NFTs). By leveraging Polygon’s infrastructure, Crypto Finance’s clients can benefit from lower transaction fees, higher throughput, and improved settlement speeds.

Kasper Luyckx, Head of Product at Crypto Finance, expressed enthusiasm about the integration, highlighting that

„Integrating with Polygon, one of the leading blockchain ecosystems, was a natural step for Crypto Finance. Our clients can now take advantage of reduced fees and faster transaction processing for their trading and custody needs.“

By embracing Polygon’s advanced sidechain technology, Crypto Finance demonstrates its commitment to meeting the evolving demands of its institutional clients while granting them access to the extensive Polygon ecosystem. This integration marks a significant milestone in Crypto Finance’s ongoing efforts to provide secure, efficient, and compliant services within the digital asset space.

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