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Exberry & Velmie Partner Up To Build Enterprise Software Serving Crypto Exchange Platforms
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Exberry, the exchange technology and marketplace pioneer, has teamed up with Velmie, a digital core banking platform, to deliver cutting-edge and comprehensive technology for cryptocurrency exchange and trading platforms.
The two companies have built a cutting-edge technology solution that supports High-end Crypto Trading Platforms that require scalable and flexible environments that are light and fast to deploy, cloud-native, and delivered in a SaaS model. The solution is capital markets grade; hence it supports regulatory requirements and is stable, reliable, and deterministic in all market conditions. The platform supports over 150 currencies across fiat and digital assets, as well as the capability to create new currency pairs on the fly. The software allows conducting in excess of 100,000 transactions per second out of the box and can scale beyond as trading volumes increase.
Coinbit.ai is the first client (Exchange) to choose Exberry’s & Velmies shared solution.
“Partnering with Exberry and Velmie and using their cutting-edge SaaS technology has allowed us to offer trading for any digital asset via our exchange. With their matching and trading engine and white label platform, we have a cost-effective and enterprise-grade solution that allows us to be more competitive in the market,” said Ruben Majola, Founder & CEO of Coinbit.ai.
What Exberry is bringing to the table
Exberry delivers a purpose-built exchange infrastructure regardless of the asset class or opportunity. The core technology is deployed to enhance existing exchanges’ limited capabilities or to serve as the base for trading new digital assets. Exberry helps exchange pioneers at all levels and of all sizes launch, pivot, break ground, and scale. Unlike any other technology provider, Exberry delivers a blend of exchange and trading technology expertise for primary & secondary market models, combining entrepreneurial pedigree and corporate strength.
Exberry is suited to support every type of marketplace, from traditional assets (on exchange-traded financial instruments including equity, futures, and commodities) to digital assets, including tokenized assets, alternative assets, as well as gaming and real estate.
“We are excited to announce our partnership with Velmie. This partnership can help streamline an advanced capital markets grade crypto trading solution using scalable and robust infrastructure. We believe in partnerships, where each party brings its expertise and excellence and together to offer to the market the best in class solutions.” said Guy Melamed, Co-Founder & CEO of Exberry.
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The topic of AI has been the subject of a number of panels at recent industry events attended by Exberry. We thought it would be helpful to provide a snapshot of some of the leading thinking on AI, particularly how it is predicted to affect regulated exchanges.
Key Insights from WFEClear 2024 Conference
A few weeks ago, along with my colleagues, I attended the WFEClear 2024 Conference in Madrid, which focused on clearing and derivatives. Many relevant topics were discussed in the well-attended event and, specifically, I noted the panel on “Practicalities of DLT and Clearing” explored advancements in distributed ledger technology and its potential intersection with central clearing.
Modernising Post-Trade Systems: A Journey, Not a Destination
Post-trade processing is an integral part of the financial services industry as it verifies the details of very often instantaneous transactions. Similar to shifts in the rest of the financial services industry, clearing and settlement firms are being influenced by the emphasis of real-time risk management and data-driven decision-making.
