SCRYPT Company Research Report
Company Overview
Name
SCRYPT
Mission
To lead the transformative shift to a new financial era with integrity and innovation by providing seamless and secure management, trading, and storage of crypto assets.
Founding
- Founded: 2019
- Founders: Norman Wooding and Sylvan Martin
Key People
- Norman Wooding: Founder & CEO
- Sylvan Martin: Founder & COO
- Marc Wäckerlin: Chief Technology Officer
- Cyril Pipaud, CFA: Chief Product Officer
- Keith Noyes: Chief Compliance and Risk Officer
- Gabriel Titopoulos: Head of OTC
- Nazrin Musayeva: Relationship Manager
- Denzy Rebello: Middle Office Associate
- Justin Kong: Quantitative Portfolio Manager
- Joaquin Ramallo: Middle Office and Trading Ops Associate
- Samih Batt: OTC Trader and Operations Specialist
- Celeste Centeno: Accounting & Compliance
Headquarters
Gartenstrasse 14, 8002 Zürich, Switzerland
Number of Employees
No information is available.
Revenue
No information is available.
Known For
Providing a comprehensive range of crypto asset services, ensuring a seamless and secure management, trading, and storage of digital assets primarily for institutional clients.
Products
Overview
SCRYPT offers a broad suite of products:
- Trading
- Custody
- Staking
- Payment
- Asset Management
Detailed Product Descriptions
Trading
Access to over 150 crypto assets with deep liquidity.
Key Features:
- 24/7 trading platform for over 800 pairs in USD, EUR, CHF, GBP.
- Advanced order types with seamless API integration.
- Zero-fee post-trade settlement.
Custody
Institutional-grade security for digital assets.
Key Features:
- Multi-Party Computation (MPC) software for strong protection.
- Fully insured against theft, fraud, and cyber breaches.
- Compliance with Swiss and international KYC/AML standards.
Staking
Enabling clients to earn yields on supported crypto assets.
Key Features:
- Full integration with existing platforms.
- Access to leading staking products and solutions.
Asset Management
Delivering institutional investment solutions for digital assets.
Key Features:
- Personalized investment strategies through a regulated portfolio manager.
- Advanced treasury asset conversion capabilities.
Notable Partnerships
- ARCHAX: For enhanced liquidity and execution.
- Kiln: For treasury asset conversion.
- Enclave Markets: For secure off-chain block trading.
- Polymath: Blockchain node operation partnership.
- Chainalysis: To boost blockchain data and security.
Recent Developments
New Products and Features
- Finnova and Wyden Partnership: Integrated digital asset trading and custody service launched.
- Aave Arc Integration: Bringing DeFi to institutional clients via discretionary portfolio management solutions.
New Partnerships
- Braza Bank: Strategic funding and expansion into LATAM.
- BCIF Partnership: To strengthen crypto asset investment strategy.
- Enclave Markets: Partnership to offer off-chain block trading.
- Dfns: Custody technology integration for enhanced security and asset support.
Key Milestones
- Strategic Funding: Secured $5 million to accelerate growth.
- Client Growth: Achieved double-digit growth rate, onboarding one new client per week.
- Forbes 30 Under 30: Founders Norman Wooding and Sylvan Martin recognized in Forbes 30 Under 30 Europe Class of 2023.
Significant Industry Actions
- Shapella Upgrade Precaution: Paused ETH and ERC20 deposits to protect clients during the Ethereum Shapella upgrade.
- Uptake vs USDC, Silvergate Bank, and Signature Bank Risks: Strong communication and reactive strategy towards recent market events.
Conclusion
SCRYPT has established itself as a trusted and innovative provider in the crypto asset services space, continuously evolving its products and forming strategic partnerships to drive the adoption of digital assets within institutional markets. The company’s commitment to compliance, security, and client service underscores its position in the financial technology landscape.
For any further details or inquiries, please visit [SCRYPT’s official website](https://www.scrypt.swiss) or contact their headquarters:
- Email: info@scrypt.swiss
- Address: Gartenstrasse 14, 8002 Zürich, Switzerland