AlphaPoint, a white label software company powering crypto exchanges, has announced its membership in the Bermuda Monetary Authority (BMA) Innovation Hub, an innovation track formed by the BMA.

Participation in the Innovation Hub will provide AlphaPoint interested member companies with access to industry-leading financial technology solutions, primarily white label software for launching and operating crypto and digital asset marketplaces.

The BMA, the regulatory body overseeing Bermuda’s financial services sector, originally launched the Innovation Hub initiative in April 2018 in recognition of the growing importance of disruptive innovation in the insurance industry. Now, the Innovation Hub has expanded to include a breadth of technology partners that play critical roles in improving efficiency and driving competitiveness in evolving markets.

“On behalf of the Bermuda Government, I’d like to congratulate AlphaPoint on their membership in the BMA’s Innovation Hub. By expanding upon the services available to participants in this initiative, AlphaPoint is showcasing one of many ways by which Bermuda, as a jurisdiction, is progressing towards the integration of digital asset business activities into traditional financial infrastructure.”

– Premier David Burt

Offering a comprehensive set of white-label software, AlphaPoint’s solutions include Exchange Technology, Liquidity Solutions, Custody, and Yield. These tools have been used to deliver innovative financial products and services to over 150 clients including Exchange Operators, Brokerages, OTC Desks, Liquidity Providers & Market Makers, and Security Token (STO) Exchanges.

“Bermuda and the BMA have provided strong and clear guidelines for digital asset businesses that have attracted many global players to operate under their framework, and AlphaPoint is proud to be the first white-label exchange software provider of institutional-grade marketplace infrastructure to join the BMA Innovation Hub.”

– Igor Telyatnikov, AlphaPoint CEO & Co-Founder