METACO, AlgoTrader and Cysec (formerly ArcaTrust) announced that they have teamed up to offer a comprehensive, all Swiss-made crypto asset management ecosystem for financial institutions to manage the entire life-cycle of their crypto assets: from secure storage and management to automated trading and execution.
Cysec’s hardware security will be combined with METACO’s crypto asset storage and management technology, SILO, and institutional-grade automated trading execution by AlgoTrader.
Custodians can now seamlessly adopt this emerging asset class, while swiftly bridging between their traditional and crypto portfolios.The newly created integrated ecosystem will benefit from global client networks in Switzerland, the US, and the APAC region.
We are heading towards the tokenization of our economy; ensuring that its foundations are secure and integrated is not an option, it is imperative. This is why at METACO we work only with partners that excel at what they do and share this vision. Algotrader and Cysec are two exceptional Swiss companies which I am deeply excited to join forces with. Algotrader, has proven development and business success in trade execution. Cysec, has an outstanding Swiss-made hardware solution, purpose-built for digital asset management, which will enrich our product offering by powering SILO – in the same manner as we already do with Guardtime’s military hardware,” said Adrien Treccani CEO and Founder of METACO.
The basis of a great ecosystem is a large opportunity that pushes partners together to pursue the same long-term goals to help institutionalizing the crypto asset industry. We strive for leadership in five areas: vision, product, customers, partners and the team to be the preferred algorithmic trading software solution for capital markets disrupted by blockchain,” commented Andy Flury CEO and Founder of AlgoTrader.
We believe that to achieve a wider adoption of crypto assets, financial institutions need a solution to onboard, manage and trade crypto assets. By teaming up with both METACO and AlgoTrader, this consortium can provide such a fully integrated technology stack. Cysec will leverage its expertise in infrastructure security to establish the necessary layer of trust in Digital Asset custody and trading. We are excited to join forces with leading industry forces to further accelerate the adoption of crypto assets,” concluded Patrick Trinkler CEO of Cysec SA.