Exberry & Velmie Partner Up To Build Enterprise Software Serving Crypto Exchange Platforms
The future-proof exchange software technology combines enterprise-grade performance, API orchestration and true modularity.
TEL AVIV, ISRAEL / ACCESSWIRE / August 16, 2022 / Exberry, the exchange technology and marketplace pioneer, has teamed up with Velmie, a digital core banking platform, to deliver cutting-edge and comprehensive technology for cryptocurrency exchange and trading platforms.
The two companies have built a cutting-edge technology solution that supports High-end Crypto Trading Platforms that require scalable and flexible environments that are light and fast to deploy, cloud-native, and delivered in a SaaS model. The solution is capital markets grade; hence it supports regulatory requirements and is stable, reliable, and deterministic in all market conditions. The platform supports over 150 currencies across fiat and digital assets, as well as the capability to create new currency pairs on the fly. The software allows conducting in excess of 100,000 transactions per second out of the box and can scale beyond as trading volumes increase.
Coinbit.ai is the first client (Exchange) to choose Exberry's & Velmies shared solution.
"Partnering with Exberry and Velmie and using their cutting-edge SaaS technology has allowed us to offer trading for any digital asset via our exchange. With their matching and trading engine and white label platform, we have a cost-effective and enterprise-grade solution that allows us to be more competitive in the market," said Ruben Majola, Founder & CEO of Coinbit.ai.
What Exberry is bringing to the table
Exberry delivers a purpose-built exchange infrastructure regardless of the asset class or opportunity. The core technology is deployed to enhance existing exchanges' limited capabilities or to serve as the base for trading new digital assets. Exberry helps exchange pioneers at all levels and of all sizes launch, pivot, break ground, and scale. Unlike any other technology provider, Exberry delivers a blend of exchange and trading technology expertise for primary & secondary market models, combining entrepreneurial pedigree and corporate strength.
Exberry is suited to support every type of marketplace, from traditional assets (on exchange-traded financial instruments including equity, futures, and commodities) to digital assets, including tokenized assets, alternative assets, as well as gaming and real estate.
"We are excited to announce our partnership with Velmie. This partnership can help streamline an advanced capital markets grade crypto trading solution using scalable and robust infrastructure. We believe in partnerships, where each party brings its expertise and excellence and together to offer to the market the best in class solutions." said Guy Melamed, Co-Founder & CEO of Exberry.
What Velmie is bringing to the table
Velmie is a tech company providing software solutions to financial services companies globally. There is a white label microservices-based platform built with a modular architecture to support
modifications and integration, which makes the solution scalable and future-proof.
The tech delivered by Velmie also features an API middleware layer and technology, allowing to extend the platform with more API connections, build smart routing solutions and use local vendors for different markets.
"Velmie is partnering with the leading companies to provide enterprise-grade technology for digital asset exchange products. Our white-label platform can be extended in numerous ways to fit specific business cases and build unique offerings. This is the approach chosen to deliver this solution with Exberry to provide state-of-the-art technology that is modular, scalable, and future-proof." said Slava Ivashkin, CEO of Velmie.
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