Wyden

Wyden provides a digital asset trading platform that automates the end-to-end trade lifecycle for financial institutions, integrating treasury management, execution, and settlement processes. This technology enables banks, brokers, and asset managers to achieve best execution and streamline operations across multiple liquidity venues, addressing the complexities of compliant digital asset trading.

Traction 10/10

Aurich

Founded 2014575K+ followers

Blockchain & Cryptocurrency
Enterprise Software
Financial Technology
Software Only

Updated 22 months ago

Funding

Raised to date

$16.9MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

1 founder

Andy Flury

CEO

Product

Problem

Financial institutions face challenges in managing the complexities of digital asset trading, including treasury management, execution across fragmented liquidity venues, and compliant settlement processes. Existing solutions often lack seamless integration with core banking systems and custody providers, leading to operational inefficiencies and increased risk.

Solution

Wyden provides a digital asset trading platform designed for financial institutions, automating the end-to-end trade lifecycle from treasury management to settlement. The platform integrates with core banking, custody solutions, and a wide range of liquidity venues, enabling banks, brokers, asset managers, and hedge funds to streamline operations and achieve best execution. Wyden offers market-wide connectivity, smart order routing, and advanced execution algorithms to optimize trading performance. The platform supports 24/7 digital asset trading and provides a single access point to global crypto markets.

Target Audience

Wyden's primary customers include banks, brokers, crypto funds, hedge funds, and asset managers seeking an institutional-grade platform for digital asset trading.

Features

End-to-end automation of the digital asset trade lifecycle
Seamless integration with core banking systems and custody providers
Connectivity to a wide selection of exchanges, brokers, and OTC desks
Smart Order Routing (SOR) and advanced execution algorithms for best execution
Real-time treasury management, trading, and settlement processes
Support for retail, institutional, and prop-trading needs
24/7 access to global crypto markets