Garanti BBVA Crypto, a subsidiary of Garanti BBVA, has recently formed a strategic partnership with Bitstamp, one of the world’s longest-operating cryptocurrency exchanges and a key liquidity provider. This collaboration is designed to enable customers to trade a wide range of currencies and digital assets, supporting greater accessibility to cryptocurrencies in Türkiye. The partnership also allows investors in both digital and traditional financial markets to access a variety of approved digital assets, helping to foster the growth and adoption of crypto in the region.
Korcan Abalı, General Manager of Garanti BBVA Crypto, shared that the company began offering crypto services to its customers in 2023. With evolving regulations shaping Türkiye’s digital asset market, Garanti BBVA Crypto strives to provide high-quality digital asset services while ensuring compliance with legal requirements. As one of the leading crypto providers in the country, Garanti BBVA Crypto aims to drive sector growth in line with these regulations.
Abalı emphasized that the company evaluates potential partners based on their service levels and regulatory compliance. Garanti BBVA Crypto has been working with Bitstamp since its inception, focusing on liquidity sharing within an exchange cooperation model. He noted, “As a regulated institution with vast experience in the crypto market, we are thrilled to collaborate with Bitstamp to provide our customers with liquidity and digital asset services at the level of a trusted financial institution.”
Jean-Baptiste Graftieaux, Global CEO of Bitstamp, expressed his excitement about the partnership, highlighting the progress of the Turkish crypto industry in terms of transparency, security, and customer protection. He added, “This collaboration is an exciting milestone in making crypto more accessible to everyone.” Graftieaux also noted the pride of being selected as the first crypto exchange partner for Garanti BBVA Crypto, one of the top institutions in Türkiye. He looks forward to working closely with Garanti BBVA Crypto to further mainstream the adoption of digital assets in the region.
With 18 years of pioneering experience in the crypto space, Roxait excels in technical collaborations to develop cutting-edge decentralized solutions. As a Bitstamp expert, we bring deep expertise in cryptocurrency exchanges and blockchain technology to every project. Our commitment to innovation and expertise in blockchain technology has made us a trusted partner in driving the future of decentralized systems.