back Back

Bering Waters OTC Desk announces partnership with Shyft Network

By Pavithra R

July 19, 2021

  • America
  • Bering
Share

Bering Waters OTC Desk announces partnership with Shyft NetworkBering Waters OTC Desk has announced partnering with Shyft Network, a credentials verification platform that authenticates sender identities and unlocks new economies of trust, to enable institutional investors to take a stake in an inter-operable financial system, a future that includes both centralized banking and the Decentralized Finance (DeFi) sector.

Following Shyft Network’s recent mainnet launch, investors looking to back foundational fintech and crypto infrastructure projects find particular interest in the company. To meet the increasing investors’ demand and align with strategic long-term partners, Bering Waters OTC Desk has set up a specialized OTC desk for SHFT tokens.

“The launch of the Shyft Network is a significant step forward, in which financial institutions and DeFi businesses can work profitably together; we are part of this innovative solution, allowing savvy investors the opportunity to invest in that future right now,” said Ewelina Leszczak, Founder and CEO of Bering Waters OTC Desk.

With several of the largest DeFi platforms approaching the size of midsize banks, major FIs, corporates, and ultra-high-net-worth individuals are increasingly looking to leverage many of the competitive advantages these decentralized protocols have to offer. However, for this transition and maturation to occur, an effective trust solution is required that bridges the gap between the centralized and decentralized worlds, giving individuals a secure means to exchange data with trusted parties.

Founded in 2017, Shyft is building a blockchain-based ecosystem that allows for the secure and private sharing of data for industries, governments, and consumers. Shyft’s ecosystem helps to streamline and reduce the amount of individual records that need to be collected while allowing for data monetization and the secure transfer of verified, encrypted attested data.

Shyft Network enables the secure exchange of validation, identity verification, and attestation data between individuals and trust organizations, giving institutions a breakthrough way to overcome the complexities of multi-jurisdictional compliance, and robust privacy guarantees underpinned by blockchain technology. With its solution, national and international identity schemes can be established, facilitating the entrance of traditional finance to the digital asset economy.

With years of experience in trading high-volume institutional interest in top-tier tokens, Bering Waters OTC Desk is well positioned to seamlessly manage investors’ interest in acquiring SHFT tokens.

Previous Article

July 19, 2021

UnionPay and Dolfin E-wallet to provide online payment options in Thailand

Read More
Next Article

July 19, 2021

W1tty appoints Lord Jonathan Hill as a member of their Advisory Board

Read More













IBSi Daily News Analysis

eCommerce fraud, merchants

September 27, 2023

America

Global merchants increase spending to combat eCommerce fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

September 27, 2023

Gulf Bank enters partnership with Transcrate International Logistics

Read More

September 27, 2023

Leatherback simplifies cross-border payments for migrants in the UK

Read More

September 27, 2023

Infosys & Microsoft to accelerate adoption of generative AI for businesses

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q2 2023

£1,500.00 / year

Know More
Testing & QA for NextGen Bank Tech Q3 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q2 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023