Crypto software firm AlphaPoint joins Bermuda Monetary Authority Innovation Hub

AlphaPoint, a white label software company powering crypto exchanges, has announced its membership in the Bermuda Monetary Authority (BMA) Innovation Hub, an innovation track formed by the BMA. Participation in the Innovation Hub will provide AlphaPoint interested member companies with access to industry-leading financial technology solutions, primarily white label software for launching and operating crypto…

AlphaPoint, a white label software company powering crypto exchanges, has announced its membership in the Bermuda Monetary Authority (BMA) Innovation Hub, an innovation track formed by the BMA.

Participation in the Innovation Hub will provide AlphaPoint interested member companies with access to industry-leading financial technology solutions, primarily white label software for launching and operating crypto and digital asset marketplaces.

The BMA, the regulatory body overseeing Bermuda’s financial services sector, originally launched the Innovation Hub initiative in April 2018 in recognition of the growing importance of disruptive innovation in the insurance industry. Now, the Innovation Hub has expanded to include a breadth of technology partners that play critical roles in improving efficiency and driving competitiveness in evolving markets.

“On behalf of the Bermuda Government, I’d like to congratulate AlphaPoint on their membership in the BMA’s Innovation Hub. By expanding upon the services available to participants in this initiative, AlphaPoint is showcasing one of many ways by which Bermuda, as a jurisdiction, is progressing towards the integration of digital asset business activities into traditional financial infrastructure.”


– Premier David Burt

Offering a comprehensive set of white-label software, AlphaPoint’s solutions include Exchange Technology, Liquidity Solutions, Custody, and Yield. These tools have been used to deliver innovative financial products and services to over 150 clients including Exchange Operators, Brokerages, OTC Desks, Liquidity Providers & Market Makers, and Security Token (STO) Exchanges.

“Bermuda and the BMA have provided strong and clear guidelines for digital asset businesses that have attracted many global players to operate under their framework, and AlphaPoint is proud to be the first white-label exchange software provider of institutional-grade marketplace infrastructure to join the BMA Innovation Hub.”


– Igor Telyatnikov, AlphaPoint CEO & Co-Founder

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Asian crypto technology solutions firms ChainUp and HS88 team up to grow market
Read More

Asian crypto technology solutions firms ChainUp and HS88 team up to grow market

ChainUp, an end-to-end blockchain technology solutions provider, today announced the signing of a Memorandum of Understanding (MoU) with Korean blockchain company HS88. Both parties will join forces in blockchain technology development and provide mutual network support for market expansion. MoU: ChainUp + HS88 Headquartered in Singapore, ChainUp offers a complete suite of blockchain solutions including digital…
Tether’s USDt now live on Polygon network
Read More

Tether’s USDt now live on Polygon network

Related News Polygon, the popular Ethereum scaling platform, today announced the launch of a multi-million dollar fund to support Terra projects looking to migrate to Polygon. The first project to be granted funding is Terra-based NFT... Read more SIMBA Chain, a chain-agnostic API development platform, today has announced that it will integrate with Polygon, the…
Layer-2 aggregator platform Coinweb receives crypto exchange license from Lithuanian regulator
Read More

Layer-2 aggregator platform Coinweb receives crypto exchange license from Lithuanian regulator

Coinweb, a layer-2 cross-computation platform, today announced that it has received its digital asset exchange license in Lithuania, allowing the company to operate not only within the country but with all other European countries, barring conflicting regulations. Coinweb’s regulatory approval will allow the platform to act as a virtual currency operator for both deposit and…