Leading top-tier custodian bank in Europe, Cecabank has partnered with Spain’s cryptocurrency exchange, Bit2Me to launch a multi-tier solution that brings TradFi to crypto. The exchange confirmed the launch in a press statement released on Monday.
The new digital asset solution provides banks with real-time access to cryptocurrency market data, secure fund custody and a trading platform with over 100 digital assets. Similarly, the product will also enable banks to offer services that comply with the legal clarity and regulatory standards of MiCA.
In addition, the platform also provides traditional and digital banks with crypto services, including custody and RTO (Reception and transmission of Orders). The exchange plans to also oversee trading operations, which include offering real-time market data, and cold wallet custody security.
Cecabank and Bit2Me platform awaits CNMV approval
Its worth noting that the custodian bank as of 2024, manages over £350 billion in assets. As revealed, Cecabank intends to leverage its wealth of experience in the banking sector and regulatory expertise to enhance this partnership. By collaborating with Bit2Me, Cecabank bridges the gap between traditional and digital finance.
In addition, the partnership will also ensure the delivery of key innovative financial products, tailored specifically to meet the demands of today’s evolving financial landscape. However, the operation of the platform is still subject to the approval of the regulatory authorization from the CNMV (Spanish Securities Market Commission).
Meanwhile, the CEO and Co-founder of Bit2Me exchange has reacted to the launch. Leif Ferreira in his reaction described 2025 as a pivotal year for banks to begin offering crypto trading services. Similarly, the firm’s chief sales officer, Abel Pena also emphasized the importance of traditional banking in transforming the mainstream adoption of digital assets.
In February this year, Bit2Me formed a strategic partnership with a renowned decentralized autonomous organization (DAO), Reform. As revealed, the partnership enabled Reform to enhance its presence in the Spanish and Portuguese-speaking markets, fostering greater accessibility, transparency, and equity within the cryptocurrency market-making sector for all participants.
In April, Cecabank received regulatory authorization from Spain’s government to commence operation in its Luxembourg branch.
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