Hello and Welcome, NYALA!

by | Apr 14, 2022 | memberships, news | 0 comments

Back in 2019, our new member issued one of the first security tokens in Germany on the Stellar Blockchain. Today, NYALA is bridging the gaps between the established and the future financial world with its all-in-one platform for digital assets, providing security and compliance for an innovative, decentralized environment. We are happy and proud to welcome NYALA to the  European Blockchain Association!

“The market for digital assets – especially the secondary market – depends very significantly on industry standards and cross-company cooperation. The EBA is making a significant contribution to this, which we would like to actively promote”, Daniel Wernicke, Co-CEO of NYALA, explains the company’s motivation for joining the European Blockchain Association.

Empowering the transition of established players

NYALA is a technology company specializing in blockchain technology and a pioneer of regulated custody solutions for crypto assets. The mission: help financial service providers embrace the transition to the future of the financial industry. The NYALA Digital Asset Platform leverages a modern API to integrate the most important elements of digital asset management into existing systems and enables established players in the financial industry to tokenize and issue assets on the blockchain, custody tokenized assets and all relevant cryptocurrencies (Bitcoin, Ethereum, etc.) as well as offer trading and staking of digital assets.

The best standards are developed in a joint effort

“When all participants come to the table with the philosophy of ‘compete and collaborate,’ new industries thrive. As important as it is for any organization to identify its unique selling proposition, defining and agreeing on standards and interoperability is essential for providing a customer-friendly product. I view it as a good indicator that our members are interested in this topic”, comments Michael Gebert, Chairman European Blockchain Association.