ING (ING) to spin out Pyctor digital assets to GMEX Group

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Go back to ING (ING) to spin out Pyctor digital assets to GMEX Group

ING spins out Pyctor digital assets technology to GMEX Group

July 11, 2022 1:14 PM EDT

London and Amsterdam, Jul 12, 2022 - (ACN Newswire) - - ING announced today that it has spun out Pyctor to GMEX Group ("GMEX"), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure.

Pyctor's digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between permissioned and public blockchains. Pyctor was incubated in ING Neo's Amsterdam innovation lab, in collaboration with major financial institutions and regulators.

Pyctor is now a... More