Exberry & Velmie Partner Up To Build Enterprise Software Serving Crypto Exchange Platforms

August 22, 2022

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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.

Next-Gen Consultancy for Financial Markets

Ambitious financial exchanges need to keep growing. Yet in the world of capital markets this is not always a straightforward task. Each jurisdiction has its own national characteristics and different way of doing things. If an exchange decides to build its own trading or clearing infrastructure, unless it is happy paying an exorbitant cost, it will typically have to wait a number of years for delivery. So, what are the alternatives for exchanges?

Exchanges pivotal for EU’s Capital Markets Union

The EU’s Capital Markets Union (CMU) is receiving strong backing, with widespread enthusiasm evident among stakeholders who are optimistic about its successful rollout. A significant concern has been the persistent lack of on-screen liquidity in European markets, dominated as they are by over-the-counter (OTC) trading. This contrasts sharply with the US where, according to the European Central Bank (ECB), 75% of corporate financing is conducted through capital markets, compared to Europe’s reliance on traditional bank loans.

All Markets Rise: Maximising Exchange Profit by Modernising Across All Sectors

Imagine a scenario in which a large, successful financial exchange is making profits across all its markets alike, from equities, fixed income and derivatives, to commodities and FX. Yet, sadly, this vision is far from reality. Oftentimes smaller and less liquid markets, such as for fixed income and derivatives, find it difficult to obtain the modernisation of infrastructure they need, even when it is just a simple feature request.

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