SmartTrade has been chosen by Seba Crypto to deliver its crypto and traditional assets trading platform.
Seba says it has the ambition to build a regulated bank to bridge the gap between the crypto and traditional financial economies. Headquartered in Zug, Switzerland, the company says it wants to give institutions, corporates and individuals the confidence to operate in both economies, enabling new thinking, creating solutions and managing digital wealth efficiently.
SmartTrade will deliver a solution which encompasses connectivity to a large number of liquidity venues, aggregation and execution, as well as smart order routing, as well as other functionalities such as pricing, distribution, risk, order management and analytics. In addition, SmartTrade will supply Seba with hosting and collocation services, which have already passed security and independent testing (SOC2 Type 2).
“We are thrilled to be involved in what we think is a major financial industry turning point by providing the trading platform for Seba,” says David Vincent, CEO of SmartTrade. “We fully embrace Seba’s vision that Blockchain, the technology underpinning Bitcoin and other crypto assets, is the catalyst for the fourth industrial revolution. Blockchain is already a technology delivering impact and reshaping the financial world. We are proud to be part of this amazing endeavour.”
Guido Bühler, CEO of Seba, adds, “Seba is a new financial services offering committed to security, transparency and performance. We are building our infrastructure from the ground up, hence partnerships with world class technology providers such as smartTrade are core to our ambition to be one of the first fully regulated and supervised Swiss crypto banks. Together, we intend to deliver a military grade, secure traditional and crypto banking experience for the new economy.”