Cyberian, a new institutional off-exchange crypto liquidity venue, announced launching today. Cyberian was founded by TORA, an advanced cloud-based order, and execution platform (OEMS) and Partisia, a provider of secure multiparty computation solutions (SMC).
The new venue features a trustless matching system for trading digital assets with no central entity. The matching system tool is without any one single point of trust, and, enables investors to buy and sell digital assets with zero information leakage and superior prices.
The system uses Secure Multiparty Computing (SMC) to break order data into fragments and distribute them to Cyberian nodes. It can be mathematically proven that even if a node is breached, it is impossible to compromise the order data.
“I’m extremely excited to launch Cyberian, the team and I have been working on this groundbreaking technology for the last 12 months and can’t wait to see it revolutionize the crypto industry. Cyberian is set to create a new institutional standard, a much safer and more efficient standard of large investment into digital assets. Gone are the days of price leakage and uncertainty of privacy. Cyberian will be the world’s most advanced private network for matching and settling assets – that is completely trustless.”
– Gerrit van Wingerden, CEO, Cyberian
Cyberian offers three core solutions to institutional investors: matching, settlement, and analytics.
Users can leverage existing relationships with exchanges, OTC desks, and custodians for settlement, or may also opt to settle on-chain without a trusted party.