DLT Finance approved by BaFin to support brokerage and custody of digital assets

Rick Steves

DLT Finance is already partnered with big names within the digital asset space, including Kraken, Bitstamp, B2C2, and Bittrex.

DLT Finance has been authorized by BaFin in a milestone move for the digital asset focused financial institution based in Germany offering a range of services including trading, custody and staking.

Catering to B2B clients, DLT Finance now offers a regulated and secure API for digital asset markets following the nine BaFin licenses received by DLT Finance’s subsidiary company.

Based in Berlin and Frankfurt, the fintech company provides banks, brokers, asset managers and crypto exchanges with tailored financial services, from brokerage to custody.

Prime brokerage, DMA, OTC, custody, staking, DeFi, liquidity mining

DLT Finance’s suite of digital asset solutions includes:

– Prime brokerage
– direct market access to a dozen liquidity venues
– OTC Trading
– deposits and withdrawals of crypto for instant trading
– Crypto Custody include the following services:
– facilitation of relevant compliance processes
– staking
– access to DeFi and liquidity mining as well as borrowing and lending

Assets and services can be managed via DLT Finance’s state-of-the-art API, or through seamless integration with the client’s own dashboard. The unique BaFin licensing arrangement provides an innovative regulatory solution for digital asset markets. DLT Finance’s clients will no longer need their own license, but can trade legally and securely with DLT Finance.

Furthermore, while existing solutions only facilitate closed-end systems, DLT Finance empowers its clients to create an open system in which assets can be directly deposited and withdrawn. These developments will hugely improve access and regulatory cover for digital assets, propelling new actors into the crypto landscape.

Broker clients can choose from commission brokerage, OTC, and DMA

DLT Finance is already partnered with big names within the digital asset space, including Kraken, Bitstamp, B2C2, and Bittrex.

The firm’s prime brokerage service for digital assets means that it acts as the institutional counterparty for trading on leading liquidity venues, and allows clients to choose from financial commission brokerage, OTC and direct market access. The platform is streamlines with API access and direct online banking integration.

DLT Finance provides BaFin-regulated custody for more than 200 assets with integrated onchain-AML, staking of assets directly from customers’ custody, and access to Liquidity Mining Pools and the world of DeFi.

Its service for digital asset providers ensures regulatory compliance of digital asset custody for end users, custom solutions for crypto derivatives, and issuance and placement for tokenized or traditional securities.

Read this next

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

Digital Assets

Morgan Stanley to sell bitcoin ETFs to clients

Morgan Stanley may soon allow its 15,000 brokers to recommend bitcoin ETFs to their clients, as reported by AdvisorHub.

Digital Assets

Masa Announces Comprehensive AI Developer Ecosystem with 13 Dynamic Partners Focused on Leveraging Decentralized Data and Large Language Models

In a groundbreaking development, Masa, the global leader in decentralized AI and Large Language Models (LLMs), proudly announces the launch of its AI Developer Ecosystem, partnering with 13 visionary projects.

Financewire

Kinesis Mint becomes the official partner for the House of Mandela

Kinesis Mint, the certified independent precious metals mint and refinery of Kinesis, the monetary system backed by 1:1 allocated gold and silver, has been appointed the exclusive coin producer for the House of Mandela.

<