Wyden Secures USD 16.9 Million in Series B Funding Round
Wyden, the leader in institutional infrastructure for the digital asset trading lifecycle, announces the successful closing of its latest funding round, securing USD 16.9 million (CHF 14.5 million). The Series B round was spearheaded by Truffle Capital, a Paris based global fintech investment firm, with participation from new investors PostFinance, SBI-Sygnum-Azimut Digital Asset Opportunity Fund, and FiveT Fintech, as well as existing investor C3 Venture Capital.
Strategic expansion driven by global digital asset regulation
Wyden will leverage these funds for strategic growth, targeting new markets and further intensifying its sell-side expansion for banks, brokers and exchanges. With a clear focus on regulatory compliance, Wyden plans to extend its reach into markets where digital asset operations are regulated with the same rigor as traditional financial services, such as the EU, Switzerland, Turkey, the UAE, Singapore, Hong Kong, Brazil and other leading jurisdictions.
Wyden expands European development hubs and sales functions in push for market leadership
During 2025, the company aims to integrate up to 20 additional banks, brokers and exchanges into its ecosystem, supported by an expanded team of 100 professionals – with a core focus on strengthening both sales, marketing, product and delivery functions as well as Wyden’s development hubs in Poland. This expansion underscores Wyden’s ambition to deliver best-in-class trade lifecycle infrastructure solutions from Europe to a global market. By enhancing the firm’s core teams, Wyden is poised to accelerate both product development and global sales capabilities, setting the stage for the next phase of growth.
Digital asset banking leaders trust Wyden
Wyden has been successfully increasing the number of regulated sell-side clients who rely on Wyden for their critical front, middle and back office digital asset functions. Current clients include renowned banks, online and neo-brokers such as Banque Delubac (France), Smartbroker+ and Baader Bank (Germany), Luzerner Kantonalbank and InCore Bank (Switzerland) and other large banking clients. In addition, active selection discussions are currently underway with potential Tier 1 and Tier 2 banks and brokers who are applying for their CASP licenses in countries such as France, Italy, Spain, Germany and Turkey. Wyden is confident that it will be able to achieve further growth successes in the coming months.
Expanding technology leadership with Wyden Infinity
This latest funding follows the launch of Wyden Infinity, Wyden’s new cloud-native flagship product supporting full automation of the digital asset trade lifecycle. The platform is designed to fulfill the digital asset needs of banks, brokers and exchanges, aiming to develop and expand their digital asset services. Series B funding will expand sales functions and further drive product investment, with a focus on expanding Wyden’s European development hubs.
The infrastructure backbone for banks and brokers
Andy Flury, founder and CEO of Wyden, remarked: “We are thrilled to solidify our position as a global leader in institutional digital asset trading infrastructure with this Series B funding. Combined with our flagship product Wyden Infinity, we are well equipped to meet the surging demand for secure and efficient trading infrastructure for regulated financial services institutions.”
Alexis Le Portz, Partner at Truffle Capital, added: “Wyden’s impressive institutional client base and innovative platform underscore its leadership in this space. As digital asset regulations evolve, Wyden stands out as the premier choice for banks and brokers, reflecting a strategic opportunity for Truffle Capital.”
“The Wyden platform is unparalleled in its ability to seamlessly align with and anticipate institutional client needs. Its sophisticated technology not only offers unmatched flexibility but also meets every digital asset business case for financial institutions”, emphasized Denis Lenz, Investment Manager at PostFinance.
Rico Müller, Head of Ventures at Sygnum Bank, said: “Wyden supports the entire end-to-end trade lifecycle from treasury to best execution, settlement, and accounting. This investment from the SBI-Sygnum-Azimut Digital Asset Opportunity Fund fully aligns with our core investment strategy of accelerating institutional digital asset adoption.”
“With this investment, FiveT Fintech underscores its commitment to shaping the future of digital assets. By joining forces with Wyden’s leadership, we are ready to deliver the industry’s most advanced digital asset trading technology,” said Alexander Christen, Co-Founder and CEO of FiveT Fintech.
