[SPONSORED] The kind of white glove service reserved for high-net-worth clients in the banking sector has now arrived in the crypto space. OVEXIO Moneyweb bitcoin finance
The kind of white glove service high net worth clients are accustomed to in the traditional finance realm has now landed in the crypto-sphere – a sign of the growing sophistication in this market.
“The sharp sell-off in financial markets across the board has been particularly severe in cryptos, and more notably altcoins, but history tells us that the market will turn and when it does, cryptos will more than likely overtake their traditional financial counterparts.” That means payments and remittances can be made using fiat, crypto or stablecoins, and all of this in seconds.
The need for a an institutional grade solution for trading cryptocurrency is driven in part by the lack of regulation in the space, and that has kept many institutional investors sitting on the sidelines, waiting for some regulatory certainty. OVEX is well prepared for the day when the regulatory environment matures, and requires all customers to undergo Know Your Customer and Anti-Money Laundering procedures. OVEX also undertakes extensive due diligence on all corporate accounts.
Bergonzoli says OVEX is uniquely positioned to address the institutional market in SA for several reasons:
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