Cecabank and Bit2Me have announced the launch of a fully integrated digital asset platform aimed at helping traditional and digital banks offer cryptocurrency services. The solution, now technically live, is pending regulatory approval from the Spanish Securities Market Commission (CNMV).
The joint platform provides real-time access to crypto market data, secure fund custody through cold wallets, and a trading system supporting over 100 digital assets. It is designed for banks looking to expand their services under the framework of the EU’s Markets in Crypto-Assets (MiCA) regulation, explain Cecabank and Bit2Me on PR Newswire.
Collaboration
Cecabank, a major European custodian bank with €350 billion in assets under custody, brings regulatory expertise and post-trade infrastructure to the project. Bit2Me, a leading Spanish crypto exchange, contributes trading capabilities and compliance with digital asset regulations. The collaboration, formalised in May 2024, aims to support banks in entering the crypto space securely and in alignment with evolving European regulation.
The platform enables crypto custody and order handling (RTO) functions and is positioned to serve institutions across the Iberian Peninsula and beyond. According to Aurora Cuadros, Head of Securities Services at Cecabank, this initiative strengthens the bank’s position as a reference point for digital asset post-trade services.