Log In

Reset Password

Digital-asset business partners with Bermudian-licensed firm

Igor Telyatnikov, CEO of AlphaPoint

A leading provider of digital-asset infrastructure of exchanges, brokerages, payment networks and banking has announced a new partnership with a Bermuda Monetary Authority-licensed business.

AlphaPoint is partnering with Wenia, a new subsidiary of Bancolombia, to launch a new exchange offering.

According to a statement from the firm, the application, built on AlphaPoint's Exchange platform, provides “a seamless and secure way to buy, sell, convert, receive and send various digital assets, including the newly introduced Colombian Peso Wrapped, a new Colombian peso stablecoin on the Polygon network”.

“The launch marks a significant milestone in the adoption of digital assets not only in Colombia but worldwide," said Igor Telyatnikov, CEO of AlphaPoint.

“We are proud to have been selected for this important project and are excited by its public launch. Now we get to deliver on our mission of enabling access to digital assets globally with a stellar partner.”

Wenia operates under a Class F licence granted by the BMA, and David Burt, the Premier and finance minister, said: “AlphaPoint has been providing services to regulated platforms worldwide. Their partnership with Wenia showcases Bermuda’s commitment to fostering innovation in the digital-asset space while maintaining the highest regulatory standards.”

He added: “We are pleased to see AlphaPoint’s technology being leveraged to enable secure and reliable access to digital assets for users in Colombia and beyond, further cementing Bermuda’s position as a leading jurisdiction for digital-asset businesses.”

Royal Gazette has implemented platform upgrades, requiring users to utilize their Royal Gazette Account Login to comment on Disqus for enhanced security. To create an account, click here.

You must be Registered or to post comment or to vote.

Published May 16, 2024 at 6:15 pm (Updated May 16, 2024 at 8:23 pm)

Digital-asset business partners with Bermudian-licensed firm

Users agree to adhere to our Online User Conduct for commenting and user who violate the Terms of Service will be banned.