Bringing Crypto Trading Capabilities to Institutional Investors
- WAWEX has been granted Virtual Asset Service Provider (VASP) registration by the Polish Tax Administration Chamber of Poland in Katowice.
- The registration enables the company to provide crypto asset exchange and custody services in Poland.
Warsaw, June 27, 2024 – WAWEX (Warsaw Exchange), a new digital asset platform based in Warsaw, today announces that it has been granted the cryptocurrency exchange and custody registration from the Polish Tax Administration Chamber of Poland in Katowice. This milestone enables WAWEX to offer crypto trading and custody services to institutional investors. Leveraging advanced blockchain technology, WAWEX aims to provide a secure, transparent, and efficient trading environment.
WAWEX is a brand of Tradevest, which is currently building an AI-powered platform designed to revolutionize business operations by embedding scalable banking, trading, and payment APIs.
Given the rapid developments and growing acceptance of cryptocurrencies in the global financial landscape, the launch of WAWEX offers significant opportunities for institutional investors seeking secure and efficient trading platforms. WAWEX is positioned to meet this demand by offering regulatory compliance, top tier security, and uninterrupted liquidity.
Over the past few months, WAWEX has developed a next-generation exchange that serves as a premier liquidity provider and trading venue, offering real-time, 24/7 trading access. The platform seeks the best prices across all exchanges, ensuring continuous liquidity and optimal trading conditions.
Key features of WAWEX
- Cryptocurrency Trading & Custody: Supports over 75 cryptocurrencies with real-time market insights, seamless transactions, and flexible order types like RfQ and Market.
- Best Prices and Individual Spread Management: Optimizes trading strategies with an AI Liquidity Manager for the best B2B sector prices and customizable spreads for business models, ensuring profitability and control.
- Comprehensive White Label Custody Services: Offers military-grade custody solutions for B2B clients and end customers, along with flexible licensing options for compliance and operational ease.
- Streamlined KYC and Robust AML Checks: Features efficient KYC onboarding with instant data checks via API, secure FIAT on- and off-ramping, and robust AML checks to safeguard operations and ensure regulatory compliance.
Dierk Wilhelmsmeyer, CEO and founder of WAWEX, expressed his excitement about this new development: “Obtaining the cryptocurrency exchange and custody registration marks a significant achievement for WAWEX. It allows us to offer our services transparently and to ensure that our clients can trade with confidence in a secure and regulated environment. We are excited to provide a solution that meets the evolving needs of institutional investors and their B2C Clients.”
WAWEX is now available and ready to support clients in maximizing their trading strategies. Looking ahead, WAWEX plans to introduce asset tokenization, enabling the easy tokenization of assets like gold and upcoming offerings such as oil and silver. This will allow investors to explore diverse portfolio strategies and bespoke funds to achieve their investment goals.
About WAWEX
WAWEX (Warsaw Exchange) is a dynamic trading platform that provides institutional investors with a comprehensive range of trading services, including shares and cryptocurrencies, backed by deep market insights and secure storage solutions based on blockchain technology. WAWEX is a brand of Tradevest, an AI-driven banking-as-a-service platform that is redefining the future of trading, asset management, and payment processing
