Wyden Secures CHF 14.5 Million in Series B Funding Round

Wyden, an industry leader in institutional digital asset trading infrastructure, has successfully closed its Series B funding round, raising CHF 14.5 million (USD 16.9 million). Truffle Capital led the funding, with participation from new and existing investors, including PostFinance and SBI-Sygnum-Azimut Digital Asset Opportunity Fund.

The funds will fuel Wyden's strategic growth, focusing on regulatory-compliant markets such as the EU, Switzerland, and Singapore. Initiatives include expanding sales, marketing, and development functions, particularly in European development hubs located in Poland, to integrate more financial institutions into their ecosystem.

With the launch of Wyden Infinity, a cloud-native product designed to automate the digital asset trade lifecycle, Wyden aims to solidify its position as a global leader. CEO Andy Flury emphasizes meeting the growing demand for secure trading infrastructure in regulated financial services.