12 January 2024

BVNK and Deriv expand partnership

Written By FinTech Alliance in Blockchain

BVNK and Deriv expand partnership

The collaboration with BVNK marks a significant step forward in Deriv's payment strategy

In brief:

- Through the partnership, Deriv has enabled Solana payments for 2.5 million customers globally, giving them the option to make deposits with digital assets.

- Deriv, a leading global online brokerage specialising in trading and derivatives, is excited to announce the expansion of its partnership with BVNK, the globally regulated payments platform bridging traditional payment systems with blockchain technology.

- Deriv’s decision to explore digital currencies was driven by requests from their customers and the opportunity to expand to new markets.

What does this mean?

Bernhard Niebsh, Director of Product for Payments at BVNK, said: "Deriv shares our vision for fast frictionless global money movement. This collaboration is more than just integrating new technologies; it's about creating an easy and efficient payments experience for Deriv users around the globe. Cryptocurrency payments are increasingly important to brokers and we’re thrilled to partner with Deriv to support their global growth.”

Read more here.

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