Crypto Finance, a Deutsche Börse subsidiary, launched AnchorNote to enable off exchange settlement while assets stay in institutional custody. The rollout starts in Switzerland and will expand across Europe. Clients can trade across venues, pledge collateral, and settle in real time without moving coins out of custody.
“With Crypto Finance AnchorNote, we are closing a critical gap between custody and capital efficiency,”
said Philipp Dettwiler, head of custody and settlement at Crypto Finance. He added that BridgePort helps deliver secure and flexible operations “in real time.”
Crypto Finance said AnchorNote connects exchanges and custodians through a middleware layer. The company confirmed access through a web interface and a direct API. Institutions can also pledge assets without leaving secure storage.
Off Exchange Settlement with AnchorNote
AnchorNote keeps client assets at the approved custodian during trading. Therefore, institutions can execute across venues without pre funding exchange wallets. This off exchange settlement model reduces idle balances on individual platforms.
After execution, counterparties can settle obligations while custody remains unchanged. Moreover, AnchorNote supports yield workflows inside the same risk controlled setup. The firm positions these flows within a compliant environment supervised by regulators.
Clients can use AnchorNote through a user interface or a programmatic API. Operations teams can manage collateral with point and click controls. Meanwhile, automated desks can script transfers and confirmations as part of their trading stack.
BridgePort Middleware and Custody Controls
Crypto Finance integrated BridgePort as a middleware layer for message coordination. BridgePort routes instructions, acknowledgments, and status updates between exchanges and custodians. As a result, institutions can track each step from a single control plane.
“Together with BridgePort, we are delivering an integrated solution that allows institutional clients to operate securely, flexibly, and in real time,”
said Philipp Dettwiler. His remarks highlight the link between custody integrity and venue access. The design focuses on removing operational bottlenecks without shifting assets.
“This infrastructure lays the groundwork for scalable asset mobility needed by institutional traders,”
said Nirup Ramalingam, BridgePort CEO. The comment points to faster collateral movement across connected venues. It also signals room to add endpoints as client demand grows.
Swiss Launch and European Rollout under FINMA and BaFin
Crypto Finance operates under FINMA oversight in Switzerland. Its German subsidiary received four BaFin licenses in February 2024. These licenses cover regulated services for institutional custody and trading.
Deutsche Börse took a majority stake in Crypto Finance Group in 2021. The unit lists products on SIX and launched the first Swiss crypto asset investment fund. These milestones show onshore activity under Swiss market rules.
The company said AnchorNote begins in the Swiss market. A broader European rollout will follow after the initial phase. Cointelegraph contacted Crypto Finance for comment but did not receive a reply before publication.
Off Exchange Settlement Trend among Institutions
The off exchange settlement trend has widened across major venues. In July, Coinbase International Exchange integrated Copper ClearLoop. The setup enables near real time settlement without moving assets onto the exchange.
In March, Sygnum partnered with Deribit on Sygnum Protect for institutional custody. The service supports derivatives traders who want exchange access with assets held at a bank grade custodian. It mirrors the focus on custody first, execution second.
Together, AnchorNote, Copper ClearLoop, and Sygnum Protect reflect the same model. Institutions keep assets with a custodian, then connect to multiple trading venues. Consequently, firms gain venue choice, faster collateral mobility, and centralized safekeeping under FINMA and BaFin grade controls.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: August 4, 2025 • 🔄 Last updated: August 4, 2025
