Latest news with #OnurGüven

Finextra
23-06-2025
- Business
- Finextra
BBVA Kripto chooses Wyden for digital asset trading infrastructure
Wyden, the leading provider of institutional digital asset trading infrastructure for regulated institutions, and Garanti BBVA Kripto, a subsidiary of Garanti BBVA, one of Turkey's largest banks, have announced a strategic partnership to support the growth of Garanti BBVA Kripto's digital asset trading offering to its retail and corporate customer base. 1 Garanti BBVA Kripto will include both crypto trading pairs in Turkish Lira, US Dollar and trading between cryptocurrencies, expanding local market access to digital assets and creating a seamless and efficient experience for Turkish investors. Best-in-class digital asset infrastructure for an optimal client trading experience The platform incorporates different liquidity sources, ensuring both optimal price discovery and best execution to meet new regulatory requirements. Wyden acts as the central trading infrastructure allowing Garanti BBVA Kripto to optimize profitability, manage liquidity, hedge risk and exposure, whilst providing its retail and corporate customers with a superb 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. Onur Güven, CEO at Garanti BBVA Kripto, stated: '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 - while always staying closely aligned with our regulatory and risk management priorities. As Garanti BBVA Kripto we are going to constantly build towards the needs of crypto users and the industry.' 'We are proud to collaborate with Garanti BBVA Kripto, a leading force in Turkish banking,' said Andy Flury, CEO of Wyden. '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.'

Finextra
27-05-2025
- Business
- Finextra
Garanti BBVA Crypto unveils new mobile app
Garanti BBVA Crypto recently launched a variety of advanced new features on its mobile app. 0 With nearly 100,000 users, the app is powered by the bank's robust infrastructure and highest quality standards, ensuring a simple, fast and secure investment experience. Garanti BBVA Crypto stands out in the sector, as it allows users to buy and sell crypto assets in both Turkish lira (TRY) and US dollar (USD) pairs. Its renewed mobile app offers integrated custody and trading services with an intuitive interface, and the highest security protocols. Currently used to store 18 different crypto assets, the platform continues to evolve with ongoing product and system enhancements. The latest update to Garanti BBVA Crypto's app improves user experience by introducing a variety of new features. For example, users can now easily buy and sell crypto assets in both TRY and USD trading pairs, while current Garanti BBVA customers can easily become members, and transfer money. The app also added advanced trading tools such as limit orders and profit/loss tracking, as well as customizable alerts for trading pairs and real-time coin chart viewing. Furthermore, users can create personalized lists of favorite coins, making it easier to monitor preferred assets. Meanwhile, security remains a top priority. All user activity is continuously monitored by real-time external fraud detection systems, and any suspicious transactions are immediately reviewed by a dedicated 24/7 team. The CEO of Garanti BBVA Crypto, Onur Güven, stressed the rising importance of crypto assets and blockchain technology in the financial sector, noting that maturing regulation in both Türkiye and around the world has led to greater interest in these assets. He also emphasized the bank's commitment to meeting the evolving needs of crypto investors. 'As a crypto platform developed organically under the roof of a bank—which is a rare ocurrence—we aim to support our users as they move forward in their investment journey through robust technology, solid infrastructure, and a seamless user experience,' he added.