The partnership keeps customers’ funds in the national banking system and gives them faster access to their funds withdrawn from the platform.
The Tradesilvania – TechVentures Bank partnership aims to facilitate Romanians’ access to the digital asset market in a secure environment, in full legislative compliance, and with the application of best international customer knowledge practices. This approach comes after a study conducted by IPSOS in 2022 at the request of Tradesilvania that shows that four out of ten people who have heard of cryptocurrencies own or have owned cryptocurrencies so far, and eight out of ten Romanians unveiled their intention to invest in digital assets in the near future.
“Through this partnership, we bring together experts from the private and institutional field to democratize Romanians’ access to the digital assets market. We want to remain among the top profile companies in his industry, and we have thus created the ideal framework that allows us to keep the annual turnovers of over 200 million euros in 2021 in the local financial system and even to attract important amounts from the European Economic Area into our country, said Ciprian Dobrescu, CEO Tradesilvania.
“We are honored by the partnership with Tradesilvania and by the fact that we are part of the mission to facilitate Romanians’ access to the digital assets market. We work with companies in the field of cryptocurrencies, Blockchain, NFT, we know that this is an unbeaten road, but we appreciate that there are areas where we can make our mark regarding how these areas will be implemented in the future. We support business innovation through solutions tailored to the profile of the companies that choose to become our long-term partners,” stated Cristian Alexandru Nae, Deputy General Manager at TechVentures Bank.
TechVentures Bank is a Romanian universal bank established in 2009 and operating under this name since December 2020, following a rebranding process. The bank has a network of 13 regional units and its assets grew by over 40% in 2021.
tradesilvania.com investment platform has been present in Romania for over four years, the cities of Cluj-Napoca and Bucharest, providing around-the-clock access to cryptocurrencies and 117 automated trading parities in the mobile and web application, OTC (over the counter) services and asset management services, custody and blockchain financial infrastructure for private individuals, companies and institutions.