Switzerland’s leading digital asset trading infrastructure firm to power Turkey’s most blockchain-friendly legacy bank
Wyden, the leading provider of institutional digital asset trading infrastructure for regulated institutions, and Garanti BBVA Kripto announced a strategic partnership to support the growth of the Garanti BBVA subsidiary’s digital asset trading offering to its retail and corporate customer base.
Garanti BBVA Kripto will include both crypto trading pairs in Turkish liras, U.S. dollars and trading between cryptocurrencies, expanding local market access to digital assets and creating a seamless, best-in-class trading experience for Turkish investors.
Best-in-class infrastructure for optimal trading
Garanti BBVA Kripto’s clients benefit from Wyden’s vast network of international exchanges, brokers and OTC desks. For Garanti BBVA Kripto, trading on the platform incorporates multiple liquidity sources, ensuring both optimal price discovery, best execution and compliance with new regulatory requirements.
Wyden acts as the central trading infrastructure platform allowing Garanti BBVA Kripto to optimize profitability, manage liquidity and hedge risk and exposure while delighting its retail and corporate customers with its refined and convenient client trading experience.
In addition to enabling best execution, the Wyden platform also supports Garanti BBVA Kripto’s comprehensive risk management needs by delivering dynamic hedging mechanisms to manage both limits and exposures.
A milestone for Turkey’s crypto community
By leveraging Wyden’s advanced trading infrastructure, Garanti BBVA Kripto is able offer robust and efficient access to digital assets to its retail and corporate customers. This partnership marks another significant milestone in the evolution of regulated digital asset services in Turkey, positioning Garanti BBVA at the forefront of innovation in the region’s financial sector.
“As we build out our efficient, scalable, and compliant crypto trading offering for our retail and corporate clients, Wyden’s advanced technology gives us the flexibility and confidence to operate and scale in this emerging segment,” said Garanti BBVA Kripto CEO Onur Güven, “while always staying closely aligned with our regulatory and risk management priorities.”
“We are proud to collaborate with Garanti BBVA Kripto, a leading force in Turkish banking,” said Wyden CEO Andy Flury. “This partnership introduces Wyden to one of the region’s most trusted financial institutions and underscores our shared commitment to safe, compliant, and scalable digital asset services.”
Why it all matters
Covering the entire trade lifecycle from pre- to post-trade in one platform ensures central orchestration and full automation of all – otherwise manual – workflows across treasury, trade execution, settlement and accounting. As a result, this single-platform approach provides resilience, transparency and speed while greatly reducing errors.
Covering the entire lifecycle also contains seamless integration of core banking, portfolio management systems, custody and liquidity. This is particularly valuable for institutions as digital asset and TradFi infrastructure remains fragmented with trading, custody, settlement, reporting and so on often siloed across systems. The piecemeal approach tends to slow time-to-market as it increases operational risk.
Wyden’s platform powers the trade lifecycle in every aspect:
- Trade: Execute across agency, principal, and internal books with intelligent order routing and smart execution algorithms.
- Orchestrate: Automate workflows between trading, custody, and core banking to reduce operational risk.
- Centralize: Unify treasury, liquidity, and settlement in one integrated platform.
- Reconcile: Align trading activity and balances across accounting, custody, and banking systems.
- Scale: Support growing volumes and client demand with high-throughput, resilient infrastructure.
- Deploy – Choose SaaS or on-premise without compromising performance, security, or flexibility.
All of this is achieved while meeting complex regulatory, operational, and infrastructure requirements so that banks and brokers can seamlessly integrate crypto and digital assets into their existing tech stack.
About Wyden
Wyden is the global leader in institutional digital asset trading technology. By covering the entire trade lifecycle and supporting seamless custody, core banking and portfolio management system integration as well as full trade lifecycle automation, the Wyden platform streamlines digital assets trading. Engineered by a team of trading system veterans and crypto asset experts, Wyden offers best-in-class integrated infrastructure solutions that meet the highest institutional needs. Headquartered in Zurich, Wyden has product hubs in Poland and offices in Singapore and New York.