DeFinity Markets Partners with EY to Accelerate Growth
DeFinity Markets, known for being the first comprehensive institutional digital asset matching and settlement platform for both fiat and digital currencies, has recently formed a partnership with EY. This collaboration marks their entry into the EY FinTech growth program, specifically designed to support promising FinTech ventures.
Key Initiatives of the EY FinTech Program
The EY FinTech growth program offers an extensive support system for scaling companies. Participants engage in essential sessions focusing on pivotal topics such as tax regulations, international expansion, and fundraising. Delivered by experienced EY professionals, these sessions aim to empower FinTech companies to grow smart and connect in meaningful ways.
Support for Promising Start-ups
Tom Bull, the EY FinTech Growth Leader, emphasized the commitment of EY to assist start-up and scale-up founders in navigating their paths in the FinTech landscape. With an abundance of talent and innovative ideas, the UK's FinTech sector is poised for exponential growth, and EY is proud to support this emergence.
DeFinity's Exciting Journey and Future Growth Plans
DeFinity Markets has recently achieved recognition as a Jersey Virtual Asset Service Provider (VASP). This accreditation is a significant milestone, allowing them to implement their innovative solutions fully. Their operating model now offers tailored solutions that address the unique needs of institutional markets.
Vision for Digital Asset Markets
Chris Park, Chief Risk Officer at DeFinity Markets, shared his enthusiasm for participating in the EY program. He believes that being associated with EY can strategically prepare the firm for the next growth stage. The prospects for digital asset markets are promising, and DeFinity is well-placed to capitalize on these opportunities.
Building a Robust Ecosystem
Since its inception, DeFinity Markets has engaged with leading financial institutions, regulators, and stakeholders to foster an ecosystem that accelerates the adoption of digital assets. This partnership with EY represents a vital step towards a successful Series A funding round and broader global expansion.
About DeFinity Markets
DeFinity Markets is recognized as the Institutional Standard for Digital Assets Trading and fiat infrastructures. Leveraging institutional-grade technology, DeFinity offers unmatched market access for financial institutions looking to diversify their asset portfolios. Their management team draws on decades of traditional finance experience to develop the DeFinity Electronic Communication Network (ECN), facilitating direct market access. The DeFinity ECN enables transactions involving fiat foreign exchange and digital asset components seamlessly. The platform is custody-agnostic and features FIX API access, supported by a robust embedded AML/KYC framework.
Contact DeFinity Markets
For more information about DeFinity Markets, please refer to their contact details available on their website.
Frequently Asked Questions
What is the EY FinTech growth program?
The EY FinTech growth program is designed to assist promising FinTech companies by offering insights on tax, regulation, fundraising, and international expansion.
How does DeFinity Markets support digital asset trading?
DeFinity Markets facilitates access to digital asset trading through its advanced ECN, providing a robust infrastructure for institutional investors.
What recent milestone has DeFinity Markets achieved?
DeFinity Markets has obtained its Jersey VASP status, enabling it to fully implement its innovative digital asset solutions.
What is the vision for the digital asset market according to DeFinity?
DeFinity aims to expand the digital asset market by refining its offerings and collaborating with major stakeholders to drive adoption.
How can businesses contact DeFinity Markets for more information?
Businesses can reach out to DeFinity Markets through the contact information available on their official website.
