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TX Ventures co-leads €2.4 million funding round in Trever – Fintech Schweiz Digital Finance News
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Trever, an institutional provider of digital asset operating systems, continues to fuel its growth in the European market with an initial investment of €2.4 million.
The software provides a compatible infrastructure and enables the trading, transfer and accounting of digital assets.
Trever provides financial institutions (banks, brokers and funds) with a state-of-the-art infrastructure to seamlessly offer and manage digital assets. Clients in the DACH region such as V-Bank, Bankhaus Scheich or Futurum Bank rely on the system that has been proven for many years. It is time to equip banks across Europe with an efficient go-to-market product.
The software provides a single-connection compatible infrastructure and enables trading, transfer and accounting of digital assets. The modular approach allows financial institutions to start trading with a quick-to-implement solution and expand it as their business model evolves. This ensures maximum simplicity and flexibility throughout the entire business process.
“Our system, developed by industry experts, is ready to equip banks across Europe and beyond. Furthermore, with prestigious investors on board, we will be able to enter new European markets much faster,”
comments Hans-Jürgen Griesbacher, CEO of Trever. The financing round was co-led by TX Enterprises (CH) and Market One Capital (LUX). Blockchain Founders Capital (DE) and Dr. Alex von Frankenberg joined the round as co-investors.
Krzysztof Bialkowski, Managing Partner of TX Ventures, underlines his conviction regarding the investment:
“Institutional traders need a reliable and efficient go-to-market product and Trever is bringing them the solution on a silver platter. Additionally, we see regulation in Europe paving the way on both the supply and demand sides, which is driving adoption to a large extent. In short, Trever’s underlying market trends, bank-grade solution and execution-focused team are the perfect ingredients to capture this early-stage market.”
Featured Image Credits: Hans-Jürgen Griesbacher, CEO of Trever and Krzysztof Bialkowski, Managing Partner at TX Ventures. Edited by Free image
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