Integral, a leading provider of currency technology, has announced that Yapı Kredi Kripto has selected the firm's digital asset trading technology, a move that will enable the group to provide cryptocurrency services to its customers through a soon-to-launch regulated digital asset business.

The partnership comes at a time when Türkiye is introducing a new regulatory framework for digital asset service providers. The framework creates a regulated environment in which financial institutions can expand their offerings to customers seeking access to cryptocurrency markets.

As part of the agreement, Yapı Kredi Kripto has implemented Integral's digital asset trading technology across pricing, liquidity and risk management. The deployment provides the infrastructure required to deliver a secure and efficient cryptocurrency trading experience to the company's customers.

Integral's established presence in Türkiye was an important factor in Yapı Kredi Kripto's decision. The technology provider has a long-standing track record of delivering resilient FX trading and risk management infrastructure to regulated financial institutions in the Turkish market. Its ability to bring the solution to market quickly, combined with its understanding of the requirements of regulated financial institutions, also enabled Yapı Kredi Kripto to integrate the technology efficiently ahead of its digital asset service launch. With the integration already in place, the formal rollout of the regulated digital asset business stands as the next milestone, though the announcement did not disclose a specific launch date.

Harpal Sandhu, CEO of Integral, said: "Banks are increasingly looking to provide their customers with access to digital assets, but doing so requires the same focus on resilience, liquidity, risk management and regulatory requirements that underpins traditional financial markets. We are delighted to expand our relationship with Yapı Kredi and support the bank as it enters the regulated digital asset market. Our established FX business with Yapı Kredi, together with our experience supporting regulated firms in Türkiye, provides a strong foundation for this next stage of our partnership."