SCRYPT, a Swiss-licensed leader in institutional-grade crypto asset services, today announces a strategic partnership with OpenTrade, an institutional-grade platform for lending and yield products. The partnership will launch a product that allows SCRYPT clients to seamlessly invest USDC and EURC into tokenized U.S. Treasury Bills and E.U. Government Bonds.
The US Tokenized Treasuries industry has increased in value by 90% from $1.13 billion at the end of Q1 to $2.15 billion so far this quarter, according to rwa.xyz. Appealing to the growing demand from institutional investors and corporate clients, this offering provides secure, straightforward access to money market returns, eliminating the costs and complexities of traditional fiat on/off-ramps.
Through this partnership, SCRYPT clients can directly invest USDC or EURC from their segregated, SCRYPT-custodied wallets into these tokenized assets via OpenTrade. Institutional clients can participate in money markets on idle balances while enjoying the flexibility to move capital quickly and easily.
SCRYPT’s clients benefit from positions that are fully safeguarded and professionally managed via OpenTrade’s bank-grade off-chain operations and robust legal structure, specifically designed to meet the needs of institutional clients. Despite its recent launch, this product has already generated significant interest amongst clients.
Key features and benefits of the product include:
SCRYPT is a leading Swiss-licensed partner for institutional crypto solutions, providing seamless and secure management, trading, and custody of crypto assets.
To discover more: SCRYPT | info@scrypt.swiss
About OpenTrade
OpenTrade is an institutional grade platform for real world asset backed USDC & EURC yield products. OpenTrade’s enterprise-grade platform has been purpose built to provide FinTechs with an out of the box solution that allows them to power USDC and EURC yield products for their users, that can be accessed with the click of a button, and are secured through OpenTrade’s bankruptcy remote structure, bank-grade operations, and time-tested legal framework.
To discover more: OpenTrade
The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself. The content of this document has been translated into different languages and shared throughout different platforms. In case of any discrepancy or inconsistency between different posts caused by mistranslations, the English version on our official website shall prevail.
ContactJunior ConsultantJacob McGoldrickCW8 Communicationsscrypt@cw8-communications.com
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
