CRYMBO secures Orbs investment to expand regulated crypto services
CRYMBO provides a single integration connecting institutions to more than 75 providers across custody, liquidity, banking, payments, identity verification and transaction monitoring.
Orbs has taken a strategic stake in CRYMBO, a platform that provides licensed financial institutions with infrastructure to launch regulated digital asset services through a single integration.
The investment connects Orbs’ decentralized trading and execution technology with CRYMBO’s services for compliance, identity verification, custody, payments and financial operations. CRYMBO’s network includes more than 75 providers, allowing banks, brokers and payment companies to select and coordinate services while operating under their own brands and licenses.
CRYMBO has processed more than $2 billion in transaction volume and is already operating with licensed institutions. Its infrastructure holds ISO 27001 certification and is designed to meet requirements such as MiCA and the FATF Travel Rule.
Orbs said the investment complements its existing focus on decentralized trading and execution by supporting the compliance and operational systems required for institutional participation in on-chain markets.
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Orbs provides decentralized spot and perpetual futures trading through its layer 3 network, including dSPOT, dPERPS and execution services. The company said its infrastructure has processed more than $14 billion in volume.
CRYMBO founder Eyal Daskal said the investment would support the platform’s growth and help it reach more institutional customers as financial services move on-chain.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
