Wintermute's trading counterparties benefit from fast and reliable payments and settlement through BLINC
The client. The challenge.
Wintermute is one of the largest players in the global digital asset markets, a new generation algorithmic trading firm that uniquely merges technological sophistication and best practices from traditional capital markets with the culture and speed of a hyper-growth technology startup and the innovation of a blockchain-native company.
Our client was looking for efficient fiat transfers between the company and its counterparties of all types but faced the reluctance of traditional banks to provide it with multi-currency transaction banking solutions.
The approach.
Wintermute opted for BLINC, BCB Group’s global real-time payments network which allows free, real-time transactions across fiat currencies, enabling participants to settle instantly in any of the currencies supported, with no limits.
The outcome.
Wintermute has benefitted from access to a complete range of digital asset services in one place, including efficient fiat transfers between the company and its counterparties of all types.
The counterparties they trade with benefit from fast and reliable payments and settlement through BLINC.
BLINC is a significant competitive advantage
“As a global cryptocurrency exchange, operational efficiency and reliable payment rails are absolutely critical to our success and, most importantly, our client satisfaction. Our integration with BCB Group’s BLINC Network has delivered transformative improvements to our institutional offering.
BLINC eliminates the historic friction points associated with traditional banking systems. The ability to offer our clients instant, 24/7/365 fiat transfers in core currencies like EUR and GBP—all settled instantly and fee-free within the network—is a significant competitive advantage.
This real-time settlement capability has drastically reduced operational risk, improved treasury management for our institutional clients, and ensures we can provide the speed and reliability necessary for professional traders in the fast-moving digital asset market. Furthermore, we have experienced exceptional technical stability with the BLINC product, and the BCB Group team’s daily support via Slack has been much appreciated.
The BLINC network is a vital piece of infrastructure that strengthens the bridge between crypto and traditional finance. We are extremely satisfied with the product, highly value our partnership with BCB Group, and confidently recommend BLINC to any institutional player seeking superior settlement efficiency.”
Bitstamp
Business Development Team
“BLINC has been instrumental in enabling Bitvavo to offer institutional clients and liquidity providers seamless 24/7 fiat on- and off-ramping. Its reliability and speed have become essential to our operational efficiency.”
Bart Verouden
Treasury Manager
“With BLINC we are able to speed up our settlement processes massively.
We can now provide better services to our clients and clear transactions with our connected LP and customers instantly 24/7/365.”
Roger Wurzel
Head of DLT Finance Group
Scrypt uses the BLINC network to supercharge trading for clients
The client. The challenge.
Scrypt is paving the way for institutional adoption of digital assets, providing institutional-grade solutions including access to deep liquidity, best-in-class execution, FX and derivatives within one secure ecosystem. This trading firm is a fast, reliable and state of the art platform for 24/7 execution, and caters 800+ pairs. As such, a trustworthy banking partner is a must.
The approach.
The team believed that few stand out in the digital asset space as clearly as BCB Group, as we have been crypto-friendly banking infrastructure for years.
They chose BCB Group as their payments partner and integrated with BLINC
The outcome.
With BCB, Scrypt's clients benefit from fast and reliable settlement on fiat transfers. In addition, using the BLINC network they could supercharge their trading ecosystem and it helped them and their clients capture otherwise missed opportunities.
Unlike traditional banks, when in comes to digital assets, BCB are putting their clients first
“With BCB, our clients benefit from fast and reliable settlement on fiat transfers. In addition, their BLINC network is a prime example of innovation in the space, where counterparties benefit from instant and free transfers between each other.
For Scrypt, this supercharges our trading ecosystem and helps us and our clients capture otherwise missed opportunities. Unlike traditional banks, when in comes to digital assets, BCB are putting their clients first.”
Norman Wooding
Scrypt Founder and CEO
Contact us
To find out how BCB’s products can streamline your trade settlement speak to your BCB customer service representative or contact us today.