Wyre, a payments provider that has facilitated $3.5 billion in cryptocurrency trades, announced today that they are expanding their concierge trading service with the launch of a dedicated OTC cryptocurrency trading desk.
With Wyre’s global infrastructure and expertise, they are able to offer unique service to investors looking for a counterparty to execute larger trades.
The Wyre OTC desk will deliver on these service standards:
24/7: Trade, insight, and execution around the clock
Global: Federally licensed in USA, Australia, Hong Kong with same-day settlement
Pricing: From $100,000 or $10 million, trades are executed at competitive pricing
Also announced from Wyre is that Thomas Scaria will be joining the Wyre OTC desk. Mr. Scaria is a former Investment Associate at Citi and CFA Charterholder who now applies his background to trading this nascent asset class.
Scaria commented, “It’s really exciting; we have a vision of combining our blockchain incumbency with traditional finance infrastructure to build out a world-class crypto desk. This hybrid approach is our edge and we will be bringing a new wave of trading technology that will pass on value to our clients.”
With his background in traditional finance, Scaria has a deep understanding of investing not in trends, but with strong fundamentals and technical research.