Crypto Finance Launches AnchorNote to Expand Off-Exchange Trading Across Switzerland and Europe

Highlights:

• Crypto Finance has launched AnchorNote to improve capital efficiency and provide liquidity.
• AnchorNote allows institutional traders to settle off-exchange while keeping assets under custody.
• BridgePort integration enables real-time collateral mobility and supports growing institutional demand in Europe.

Crypto Finance, a subsidiary of Deutsche Börse Group, has introduced a new system designed for institutional crypto investors. The platform aims to improve capital efficiency and provide more trading flexibility. It allows institutions to settle trades off-exchange while keeping assets within custody. The service launched in Switzerland, with a broader European rollout expected soon.

🚀 Big news for institutional crypto traders! Crypto Finance, part of Deutsche Börse, just dropped AnchorNote, a slick off-exchange settlement tool that lets institutions trade across platforms without moving assets out of custody. That means more flexibility, better capital… pic.twitter.com/ZFnCbAgbts

— Seven Crypto 🐋 (@SevenWinse) September 16, 2025

Philipp Dettwiler, head of custody and settlement at Crypto Finance, said the product bridges a gap in the market. “With this solution, we are closing a critical gap between custody and capital efficiency,” he stated. The company highlighted that institutional clients can trade across venues without the need to move assets out of regulated custody.

The solution arrives at a time when large investors are seeking safe ways to access liquidity. Crypto Finance positioned the launch as a response to the growing demand for efficiency without compromising on security. Institutions now face fewer trade-offs between protection and capital usage.

Crypto Finance Launches AnchorNote for Institutional Trading

The product, named AnchorNote, integrates with BridgePort, a middleware system that connects custodians and exchanges. The integration coordinates messaging across different platforms, allowing clients to manage trading lines in real time. Institutions can access the service either through a dashboard or by using an API connection.

By keeping assets in custody, AnchorNote allows collateral to move instantly between venues. That reduces counterparty risk and gives clients immediate access to liquidity without pre-funding exchanges. For example, a Swiss bank could pledge bitcoin held in custody and deploy it across multiple trading venues at once.

Dettwiler said the goal is to enable secure and flexible operations. “Together with BridgePort, we are delivering an integrated solution that allows institutional clients to operate securely, flexibly, and in real time,” he explained. The company added that the setup supports risk-controlled operations while also providing yield opportunities.

BridgePort CEO Nirup Ramalingam said the system supports the growing need for scalable mobility. “This infrastructure lays the groundwork for scalable asset mobility needed by institutional traders,” he commented.

Industry Context and Growing Demand for Settlement Alternatives

The introduction of AnchorNote is part of a broader initiative to seek off-exchange settlements in digital asset markets. Coinbase International Exchange has recently become a member of the Copper ClearLoop network to provide such services. The settlement offered institutional clients almost real-time settlement without a transfer of assets to the exchange.

📌 Coinbase Partners with Copper to Launch Off-Exchange Settlement

Coinbase International Exchange has partnered with Copper’s ClearLoop network to offer institutional clients off-exchange settlement using USDC, aiming to enhance security and capital efficiency.

This…

— RWA.xyz (@RWA_xyz) July 14, 2025

In March, Sygnum declared a joint venture with crypto derivatives exchange Deribit to provide custody on its Sygnum Protect platform. These efforts underscore how the industry is putting emphasis on protecting assets without limiting flexibility to institutions.

Crypto Finance itself is experiencing continuous growth following its purchase by Deutsche Borse in 2021. The company provides an assortment of products such as trading solutions, custody, and investment products. It was also the first to introduce a Swiss crypto asset investment fund on the SIX exchange. The company is under Swiss supervision by FINMA and has four licenses from BaFin in Germany. These licenses, secured in February last year, further reinforced its standing within Europe’s financial market.