Bitstamp, considered the fifth largest crypto exchange in the world, will be offered to institutional clients on the Crymbo marketplace. This will diversify the crypto providers. Photo: Shutterstock

Bitstamp, considered the fifth largest crypto exchange in the world, will be offered to institutional clients on the Crymbo marketplace. This will diversify the crypto providers. Photo: Shutterstock

Tal Amram did not come to Luxembourg for nothing. Ten days after his visit to Luxembourg, the founder and CEO of the Israeli fintech Crymbo and Bitstamp announced on 8 March a partnership to reassure institutional clients with an appetite for cryptos.

“We decided to establish this strategic partnership and integrate Bitstamp as a leading liquidity partner on our marketplace to enable our institutional clients to trade with a reputable and reliable source of liquidity. This is part of our vision to facilitate proper risk diversification and business continuity, bringing more stability to the CeFi markets and that is exactly what this partnership is about,” said Crymbo’s other co-founder, Eyal Daskal, while Tal Amram was in Luxembourg on 24 February for an Israeli fintech event organised by the Israeli Embassy in Belgium and Luxembourg. “Our clients can trade on multiple trusted sites using our intelligent trading engines while treating their fiat balances as an Omni balance to execute multiple orders spread across different liquidity sites.”

The Israeli fintech, designed as a marketplace that solves all the problems associated with the crypto scene in an institutional universe, allows institutional clients to easily connect and work simultaneously with multiple providers: investment firms, wallets, GPAs, custodians and more, to create flexible, secure and resilient crypto asset services and offerings.

“With the collapse of FTX shaking confidence in crypto, this partnership is the next step in providing the safest and most secure solution for institutional clients trading on Crymbo,” said Bitstamp CEO .

Through this partnership, clients will not only have access to Bitstamp, the fifth largest crypto exchange platform according to Coinmarketcap, but also to ten other leading exchanges. The platform has had a Luxembourg structure since 2015 and has been supervised as a virtual asset service provider by the CSSF since August 2021.

This article was first published in French on and translated for Delano.