Kauri Finance Boosts Efficiency with Finery Markets, Clear Junction

Kauri Finance, a Web3 Bank, offers modern financial products for both businesses and individuals. The unique advantage of the company lies in combining traditional banking services with easy access to cryptocurrency markets, enabling users to efficiently manage both fiat currencies and crypto assets. In its rapid growth, the company sought effective solutions for liquidity management, trading optimization, and handling both small and large cryptocurrency transactions globally. To address these needs, Kauri Finance partnered with Finery Markets and Clear Junction.

Challenges in Managing Large Volumes of Cryptocurrency Transactions

At the early stages of its development, Kauri Finance faced the challenge of processing a large volume of cryptocurrency transactions within short timeframes and with minimal costs. The company needed a platform with predictable rates and the ability to integrate liquidity management solutions. Additionally, access to multiple cryptocurrency liquidity providers and a system for manually locking in trade prices were crucial.

Yevhen Popovych, CEO of Kauri Finance, stated: "We were looking for solutions that would allow us to process both large and small transactions at a fixed rate, as well as to establish efficient trading between brokers and our company. Our partner, Finery Markets, offered more favorable terms than other platforms. Since the start of our collaboration with Finery Markets, the resilience of our platform has significantly improved. We now have confidence that transactions will be completed under the required conditions and within the necessary timeframe."

Finery Markets Integration and Collaboration with Clear Junction

The solution involved Finery Markets acting as an ECN, providing access to a wide range of cryptocurrency liquidity providers, while Clear Junction handled fiat to crypto transfers. This combined platform allowed for effective risk hedging and exchange rate management.

Kauri Finance implemented Finery Markets' infrastructure to access multiple liquidity providers via API trading solutions, which enabled trading without pre-deposited funds and a zero rejection rate for transactions. The integration process was smooth and took only a few weeks, from gathering documentation to full implementation.

Future Developments for Kauri Finance Web3 Bank

The integration of Finery Markets into the operations of Kauri Finance Web3 Bank has improved stability and efficiency, ensuring full transaction execution and optimizing risk hedging operations. Kauri Finance is now exploring further collaboration with Clear Junction to implement virtual IBAN accounts and is preparing to issue physical cards for cryptocurrency users.

Conclusion

Kauri Finance continues to optimize its cryptocurrency trading platform and expand its offerings in both the fiat and crypto spaces. By leveraging the capabilities of partners like Finery Markets and Clear Junction, the company is set to provide advanced blockchain banking solutions that cater to both businesses and individuals seeking a seamless way to manage crypto assets and fiat currencies.