🌟 Digital assets are on the verge of mass adoption | Updates Q2, 2023

by crymbo | Jun 22, 2023

In recent months, we have witnessed a positive change in the finance institutions’ approach towards digital assets.

Today, more than ever, we see the crucial role that financial entities play in leading the digital asset markets to mass adoption by focusing on promoting digital asset products and services in regulated financial markets. This positive change aligns with our strategy and vision.

At Crymbo, we are committed to enabling Financial Institutions, e.g., Banks, Fintech, Hedge Funds, Investment Houses, and Exchanges, to access DeFi and CeFi markets with two significant guidelines: simplification and unification, allowing digital assets to be traded and managed as mainstream financial products.

We are glad to share with you the progress Crymbo has made throughout the 2nd quarter of 2023, ranging from showcasing the company and exhibiting at local and international events, conducting strategic sales meetings with financial institutions, to releasing enhanced features of our product.

Innovations in technology

We successfully launched version 2.0 of the Crymbo tech layer — which marks a significant improvement in our infrastructure and features.

Here is a video that will give you an idea of how Crymbo works:

Crymbo makes history at Money 20/20

As a sponsor, speaker, and exhibitor at Money 20/20 Europe in Amsterdam, we had the opportunity to learn about the latest financial technology innovations. Our CEO, Eyal Daskal shared Crymbo’s vision on the state of the market and the solutions we offer during his speech. We were thrilled to be part of this remarkable gathering and milestone, demonstrating our vision to be the leading institutional gateway to mass adoption of digital assets.

It was great catching up with old and new friends — fintech founders, executives, investors, and industry partners. With over 8,000 attendees, 2,300 participating companies, and representatives from more than 90 countries, the atmosphere at the event was truly buzzing!

Additionally, it was a pleasure to host our VIP meet-up and networking dinner, where we got to spend time with our valued customers, VCs, and representatives of the fintech industry from across the world.

This event gave us an enormous exposure to showcase our solution and vision, with the opportunity to keep investing in our brand awareness. We managed to gain massive interest and new leads, which we are sure that with most will lead to a long-term beneficial business partnership.

Customer focus

Crymbo has established itself as a leading product for financial institutions looking to offer or trade digital assets in Israel and abroad. We have already landed contracts with several strategic customers with assets under management of over 120B USD and are in the process of securing more.

Industry praise and marketing events

Over the past few months, we have been nominated for several awards.

• The London StartUp Awards: Crymbo has been nominated in the ‘Rising Star Award’ category.
• The Hedgeweek European Digital Assets Awards: Crymbo has been nominated in the ‘Best New Solution Provider’ category. The award recognizes excellence among fund managers and service providers in the digital assets space.

Having looked at the branding and marketing opportunities within the industry, we have enhanced the reach out to the global market in order to support our growth plans. It has been our pleasure to sponsor and actively participate in several conferences over the past months:

1. ICC — Crypto Conference. It is one of the conferences that we have taken an active part in several times already. This May, we successfully showcased Crymbo at the event and took part in the panel discussion. Find out the details here.
2. Money 20/20. Crymbo has been selected by a jury of investors to exhibit and speak at this prestigious conference. We were chosen out of hundreds of applications.
3. Yalla Bitcoin community event sponsored by INX. Our CEO, took part in the fruitful discussion on the institutional mass adoption of digital assets.

“To achieve the mass adoption of digital assets, the active participation of traditional financial entities in the market is crucial,” said Eyal Daskal.

Final thoughts

The first quarter of 2023 was very fruitful in terms of exposure, the second is even better in terms of product developments and new customer sign-ups. For Q3, we have no plans of slowing down. As we strive to continue to innovate, we aim to bring you more features, updates, and beneficial partnerships. Together, we are all redefining the future of the industry, and couldn’t be more excited about the opportunities that are anticipated ahead of us! Keep up-to-date following our social media channels for the latest news. We would like to thank all of you for the trust and support you show in Crymbo.

Find out more

If you would like to find out more about our solution or would like to explore a partnership opportunity, schedule a meeting with our Sales Director, Emile Davidson.