DeFinity Markets Teams Up With Utila To Improve Institutions’ Access To Digital Asset Markets
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DeFinity Markets is a platform that offers digital asset trading and fiat solutions for institutional clients. The company recently announced its partnership with a crypto operations platform Utila, which offers its services to various enterprises.
The goal of the collaboration is to improve institutional clients’ access to digital markets, offer secure fiat on and off ramping, as well as FX solutions.
Commenting on the partnership, DeFinity Markets’ founder and CEO, Manu Choudhary, said that the company is thrilled to team up with Utila and enhance its offering for institutional clients even further.
Recently, DeFinity also integrated with Fireblocks, which allowed for secure API-based digital asset operations. The move also demonstrated the company’s focus on improving security measures and keeping their users safe.
Choudhary also commented on this, stating that secure and efficient fiat on/off ramping and forex solutions are crucial for institutions that aim to enter the digital asset space. This is why the partnership with Utila is important, as its robust platform complements DeFinity Markets’ existing infrastructure. On top of that, it will allow it to provide a truly comprehensive solution.
Utila And DeFinity Markets Are A Natural Fit
Utila’s CEO and founder, Bentzi Rabi, also commented on the collaboration, noting that the companies share focus on security, compliance, and operational efficiency. This fact makes their partnership a perfect and natural fit.
He also added that by combining their strengths, the pair can empower institutions and help them navigate the complexities of the digital asset market with greater ease and confidence.
Prior to the partnership, DeFinity also integrated Chainalysis, a well-known blockchain data platform, which is now a part of its institutional digital asset platform. The integration will increase compliance and risk management, as Chainalysis offers blockchain analytics and compliance tools which are available to clients around the world.
It can perform real-time transaction monitoring, and it has an advanced Know Your Transaction (KYT) solution that improves general transaction oversight.
