Velmie recently launched a market-ready, multi-asset trading technology platform that provides financial companies with the ability to set up or upgrade their cryptocurrency and digital trading business. The new offering adds to the US fintech company’s already expansive and innovative range of technology solutions for companies operating in the banking, payments, and trade finance sectors.
With the fintech and digital asset industries predicted to grow exponentially during the years ahead, Velmie’s white label cryptocurrency and digital asset trading platform is well-positioned to help businesses that want to take advantage of the business opportunities that arise.
The industry has already grown significantly. Daily trading volumes in digital assets already exceed $100bn, and a boom in crypto derivatives trade has seen trading volumes reach some 10 to 20 times the volumes traded in the crypto spot market. Crypto derivatives are expected to propel the crypto markets to even higher levels, while also reducing price volatility and improving transparency.
More and more companies are setting up to take advantage of the boom in digital asset trading. However, building a business that is sufficiently technologically sophisticated and able to meet and adapt to the competitive forces and many other challenges along the way is not as easy as it seems – and takes time.
Thus many companies are seeing the benefits of investing in market-ready technology that enable them to set up a robust, scalable, and secure business quickly instead of building the platforms themselves from scratch.
Velmie has developed a Multi-Asset Trading Platform to meet this need. The US fintech company’s white-label platform is fully customizable and market-ready. It thus provides financial companies with the ability to set up quickly or substantially upgrade their cryptocurrency and digital asset trading businesses.
The company’s mission is to deliver a cost-effective, cutting-edge solution that allows fintech organizations to focus on their business and servicing their customer base. Velmie can also help the business scale up when needed and is continually expanding its list of modules and integrations to handle more use cases and workflows.
The core features of the multi-asset trading platform include:
– An enterprise-grade back end platform that is powered by a core banking system designed to support all aspects of digital asset trading effectively.
– An integrated mobile wallet that supports more than 150 currencies and digital assets.
– An integrated e-commerce payment gateway that provides platform users with the ability to use cryptocurrency to pay for real-world products and services seamlessly.
– Custody solution to provide institutional-grade security for cryptocurrency assets and keys.
– Multi-layered security features, including two-factor authorization, biometric authentication, cold storage, access management, and action logging.
– Reliable and dedicated support, including development teams, to make changes or add new capabilities to the platform.
Digital asset trading is a fast-changing market, and white label technology solutions are well-positioned to respond to these changes by accommodating the integration of other features and modules as the needs arise. Velmie was one of the early adopters of a micro-services approach to building financial products. Thus its platform can be easily adapted and scaled up to respond to market developments and take advantage of new business opportunities as they arise.
Velmie has more than a decade’s experience serving enterprises, financial institutions, and entrepreneurs across the globe. Among Velmie recent projects are: a nationwide payment system in North Africa, a clearance & custody solution for banks, cryptocurrency trading solutions, and crypto payment gateways for European and Asian providers.
Clutch has recognized Velmie as the Top Blockchain Agency for several years running. Says Digicash Chief Technology Officer, Amin B, a client that has worked with Velmie: “The team’s quick work and high-quality output resulted in an extended partnership beyond the initial delivery. Resource allocation, planning, and communication are notable strengths.”
The company has been at the leading edge of technology development, offering white-label mobile wallet solutions that support seamless payments and remittances, as well as a variety of other functionalities, including employee financial wellness capabilities.
The management team is passionate and forward-thinking and has a deep understanding of the evolving technology needs of the finance industry and its clients. Their primary focus is on helping financial companies innovate, remain agile, and deliver customer-centric solutions. Many companies have benefited from their extensive experience and leading-edge approach to building white-label technology solutions.