All Press Releases for May 02, 2018

Wyre's New OTC Trading Desk Offers Deep Liquidity with Market Insights

Leading payments provider in blockchain space now offers OTC crypto trading



With Wyre's global infrastructure and expertise, they are able to offer unparalleled service to investors looking for a counterparty to execute larger trades.

    SAN FRANCISCO, CA, May 02, 2018 /24-7PressRelease/ -- Wyre, a leading payments provider that has facilitated $3.5 billion in cryptocurrency trades, announced today that they are expanding their concierge trading service with the launch of a dedicated OTC cryptocurrency trading desk. With Wyre's global infrastructure and expertise, they are able to offer unparalleled service to investors looking for a counterparty to execute larger trades.

The Wyre OTC desk will deliver on these service standards:
24/7: Trade, insight, and execution around the clock
Global: Federally licensed in USA, Australia, Hong Kong with same-day settlement
Optimal Pricing: Whether it's $100,000 or $10M in one hit, trades are executed at the most competitive pricing you'll find
Trusted Insight: 5+ years of in-house crypto trading experience to back up leading market analysis

Joining the Wyre OTC desk is Thomas Scaria, a former Investment Associate at Citi and CFA Charterholder who now applies his background to trading this nascent asset class. Scaria commented, "It's really exciting; we have a vision of combining our blockchain incumbency with traditional finance infrastructure to build out a world-class crypto desk. This hybrid approach is our edge and we will be bringing a new wave of trading technology that will pass on value to our clients." With his background in traditional finance, Scaria has a deep understanding of investing not on trends, but with strong fundamentals and technical research.

Visit the Wyre OTC page to sign up for free weekly market analysis and see the full list of offered crypto assets.

About Wyre

Wyre utilizes blockchain technology to execute cross-border payments for businesses and individuals faster and cheaper than banks. Founded in 2013, Wyre has traded $3.5 billion in cryptocurrency assets in-house. Wyre has expanded its intricate global infrastructure to include relationships with counterparties to procure not only same-day settlement but deep liquidity and competitive pricing. Wyre is also one of the few licensed money transmitters in the crypto space and is proactively compliant with regulations. For more information, please visit www.sendwyre.com.

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Josh Panebianco
Wyre
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