SwissBorg, a licensed and regulated asset management platform based in Switzerland, has introduced the SwissBorg Smart Engine, a groundbreaking meta-exchange (MEX) that bridges the gap between traditional finance (TradFi) and the world of cryptocurrencies.
The Smart Engine offers a unified trading experience, addressing the complexity and fragmentation of the cryptocurrency market.
The Challenge of Crypto Trading
The cryptocurrency market is fragmented, featuring thousands of coins listed on centralized (CEXs) and decentralized (DEXs) exchanges. This fragmentation poses a significant barrier to entry for individuals and institutions from the traditional finance sector.
Crypto trading is complex, requiring a deep understanding of blockchain technology and the hassle of creating multiple accounts and undergoing Know Your Customer (KYC) processes on various exchanges.
SwissBorg’s Smart Engine
SwissBorg developed the Smart Engine, a meta-exchange that simplifies the crypto trading experience. It connects to multiple exchanges, providing users with access to all available liquidity and trading pairs. This technology offers a single-user interface that allows users to convert fiat currency to any cryptocurrency in a single tap at the best price and with the best liquidity.
Moreover, the Smart Engine checks order books across FX markets, centralized and decentralized exchanges, ensuring users receive optimal execution.
Benefits of Smart Engine
Smart Engine’s benefits include lower prices, enhanced security, and convenience. Users no longer need to sign up for multiple cryptocurrency exchanges. In addition, they can also access unique synthetic pairs that do not exist elsewhere in the market, such as euro to Helium and Polish zloty to Moonbeam.
Integration with Solana Blockchain
SwissBorg has integrated the Solana blockchain into its Smart Engine order management system. Solana is one of the most prominent networks in terms of total value locked.
Furthermore, this integration allows SwissBorg users to leverage the liquidity and trading pairs offered by major Solana DEXs like Orca and Phoenix. It also streamlines the listing process for Solana-based projects on the platform.
Additionally, SwissBorg’s innovative meta-exchange also forms a part of its Unified Finance (UniFi) vision, which aims to bring traditional finance and decentralized asset markets together. It also allows users to seamlessly transition from traditional fiat to the on-chain crypto market, offering zero spreads and a transparent fee structure.
Empowering Crypto Projects
Ivan Garcia, Chief Growth Officer at SwissBorg, emphasizes the importance of ending conflicts between Centralized Finance (CeFi) and DeFi while merging off-chain and on-chain worlds. SwissBorg also provides a fair platform for projects and communities to grow, while independent of large exchanges with high listing fees and opaque practices.
SwissBorg’s Smart Engine also offers a unique solution that empowers users to navigate the crypto market efficiently, connecting traditional finance and decentralized assets while enhancing financial freedom and transparency. Further, the Solana integration represents another milestone in SwissBorg’s mission to unite the two financial worlds under one roof.