AlphaPoint, a white-label software company that supports cryptocurrency exchanges, has announced its membership in the Bermuda Monetary Authority (BMA) Innovation Center, an innovation track established by the Bahrain Monetary Agency.
Participation in the Innovation Hub will provide interested AlphaPoint member companies with access to industry-leading fintech solutions, particularly white label software to launch and operate crypto and digital asset markets.
The Bahrain Monetary Agency (BMA), the regulatory body overseeing the financial services sector in Bermuda, originally launched the Innovation Hub initiative in April 2018 in recognition of the growing importance of disruptive innovation in the insurance industry. Now, the Innovation Center has expanded to include a wide range of technology partners who play important roles in improving efficiency and driving competitiveness in evolving markets.
On behalf of the Government of Bermuda, I would like to congratulate AlphaPoint on their membership in the BMA Innovation Center. By expanding the services available to participants in this initiative, AlphaPoint showcases one of the many ways in which Bermuda, as a jurisdiction, is moving towards integrating digital asset business activities into its traditional financial infrastructure.”
– Prime Minister David Burt
AlphaPoint offers a comprehensive suite of white label software, AlphaPoint solutions include exchange technology, liquidity, custody and return solutions. These tools have been used to provide innovative financial products and services to more than 150 clients including exchange operators, brokerages, OTC desks, liquidity providers, market makers, and security token exchanges (STOs).
“Bermuda and BMA have provided strong and clear guidelines to digital asset companies that have attracted many global players to operate in their framework, and AlphaPoint is proud to be the first white-label exchange software provider for enterprise-grade market infrastructure to join the BMA Innovation Center.”
– Igor Telyatnikov, CEO of AlphaPoint and co-founder