HELSINKI, Finland – 20 June 2023 – The French digital asset trading desk Woorton now supports Membrane Finance’s EUROe through Woorton’s OTC infrastructure. Woorton's deep experience in providing liquidity on the digital asset market ensures large EUROe trades can be facilitated with best-in-class pricing and speed.
Woorton, a regulated algorithmic trading desk and a leader in digital asset market making, provides liquidity globally to the digital asset industry. Their dedicated 24/7 trading team provides competitive pricing and seamless counterparty-facing APIs and analytics to ensure exceptional customer outcomes.
Woorton’s added support for EUROe opens access to user groups who want to access EUROe markets in size. As a Paris-based AMF DASP licensed company, Woorton is a great choice even for institutional traders.
“The Membrane Finance team is excited to have an established global liquidity provider support EUROe adoption. Enabling large trades and deep liquidity, Woorton is a key player in the European markets and will help grow the European crypto ecosystem,” comments Juha Viitala, CEO and Co-founder of Membrane Finance. “We are excited to see how EUROe can be utilised at a larger scale going forward, thanks to Woorton,” he continues.
EUROe transforms fiat Euro into a 1:1 pegged digital currency. For each EUROe issued, at least one fiat Euro or equivalent exists in a European financial institution or bank, ring-fenced from Membrane Finance.
About Membrane Finance
Founded in 2021 in Finland, Membrane Finance is a financial technology company specialising in the development of financial software and services that seamlessly link traditional financial infrastructure and blockchain-based services. Membrane Finance is the principal architect of EUROe - an EU-regulated, full-reserve euro stablecoin that brings fiat euro liquidity on-chain. Membrane Finance’s mission is to foster financial innovation and inclusion on the blockchain by developing an ecosystem of secure money infrastructure, user-friendly applications and stablecoin-related services. www.membrane.fi
About EUROe
EUROe is the only EU-based stablecoin and payment network to be regulated as an electronic money institution in the European Union. Based in Finland, a leading European hub for technology & regulatory stability, EUROe is being built for tomorrow’s businesses today. www.euroe.com
About Woorton
Founded in 2017 in France, Woorton is a digital asset liquidity provider.
Woorton ensures the provision of liquidity to support the uninterrupted functioning of crypto markets allowing our counterparties to be able to buy or sell any digital asset under all market conditions.
The experienced trading desk is serving hundreds of counterparties globally by providing tailor made solutions to institutional investors, corporates and HNWI throughout API/GUI and chats.
We strive to make digital asset markets more efficient, transparent, fair and accessible to all.
Woorton is a DASP registered under the AMF Licence number: E2022-044. www.woorton.com
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