EXCLUSIVE: Bitstamp is launching a white-label version of its crypto trading services for banks and fintechs in the U.S. By NelWang
The Bitstamp executive team
Bitstamp is set to offer a white-label version of its crypto trading services to banks and fintechs in the U.S., the company announced on Friday. Bitstamp, which was founded in Europe in 2011, has already been providing what it calls “Bitstamp-as-a-Service” in Europe for several years, as well as to Latin America financial institutions.
“Banks and fintechs are in catch-up mode; their customers are demanding ways to trade crypto,” said Bobby Zagotta, the CEO of Bitstamp US, in an interview with CoinDesk at the Bitcoin 2022 conference in Miami. The service is built on Bitstamp’s existing technology stack, allowing companies to access the exchange’s Nasdaq matching engine, giving the service scalability and reliability. It also provides market specific and regulatory compliant anti-money laundering and know-your-customer features, as well as custody services for hot and cold wallets.
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