Emerging Israeli fintech startup Crymbo has launched an enterprise solution named CrymboX, which is designed to help enterprise-level financial institutions securely buy, swap, hold, store and sell digital assets using the company's single API technology rails, the company announced Wednesday.
Follow Israel Hayom on Facebook, Twitter, and Instagram
Crymbo says CrymboX rails offer a built-in integration to a wide selection of leading industry providers, including wallet platforms, liquidity, and risk management solutions, and will enable financial institutions to connect other members within the network, creating a liquidity pool to enable close-loop P2P trading.
Eyal Daskal, co-founder of Crymbo, said, "Through our relationships with large enterprise financial institutions, we acknowledged the barriers that they are trying to overcome in the fields of supporting digital assets products alongside with clean liquidity. We believe that CrymboX solution will bridge that gap and help to further simplify the way retail customers can access and utilize the opportunities in the digital asset marketplace."
Crymbo was chosen by StartUp Pill as one of the best Tel Aviv Cryptocurrency Startups, and has also been hailed by the European Business Review as one of five innovative startups to watch.
